"Captured" regulators end up doing exactly what the regulated industry wants.

Question

Quizplus · Accepted Answer

While "regulatory capture" refers to a situation where regulatory agencies become dominated by the industries they are charged with regulating, leading to decisions that may favor industry interests, it does not always result in regulators doing exactly what the regulated industry wants. There can be varying degrees of influence, and other factors such as public pressure, political oversight, and the personal integrity of regulators can mitigate the extent of capture.

"Captured" Regulators End Up Doing Exactly What the Regulated Industry