Regulatory capture in government often happens because the people who are most qualified to supervise and regulate an industry oftentimes are or have been the leaders of the industry.

Question

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Regulatory capture occurs when industry leaders or insiders influence or control the regulatory process to benefit their own interests. This can happen because those who are most knowledgeable about an industry often end up working for the government agencies that regulate it, creating potential conflicts of interest.

Regulatory Capture in Government Often Happens Because the People Who