When a coalition of credit card companies form an interest group called the Partnership to Protect Consumer Credit, this indicates that
A) credit card companies are interested in the public good.
B) private interests are hiding behind the ideals of public interests.
C) public interest groups are now actively involving private corporations.
D) the free-rider problem does not apply to private corporations.
E) the credit card companies lack solidary benefits to offer their customers.

Question

Quizplus · Accepted Answer

The formation of an interest group by credit card companies suggests that private interests are using the guise of public interests to advance their own agenda. The name of the group itself, "Partnership to Protect Consumer Credit," implies that their goal is to protect consumers when in reality they are advocating for their own financial interests.

When a Coalition of Credit Card Companies Form an Interest