If regulatory agencies take steps which benefit a particular industry, it is
uniformly the case that the agency is "captive" to the industry.

Question

Quizplus · Accepted Answer

Regulatory agencies may take steps that benefit a particular industry for various reasons, such as promoting innovation, ensuring public safety, or addressing market failures, without necessarily being "captive" to the industry. The concept of regulatory capture is more specific and involves the industry exerting undue influence over the agency to the point where the agency primarily serves the interests of the industry rather than the public interest.

If Regulatory Agencies Take Steps Which Benefit a Particular Industry