When a coalition of credit card companies forms 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 fact that a coalition of credit card companies formed an interest group indicates that private interests are disguising themselves to appear as though they are advocating for the public interest. This is a common tactic used by interest groups to promote their agenda while hiding behind the ideals of public interest.

When a Coalition of Credit Card Companies Forms an Interest