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Title: What is regulatory capture? Post by: toripollard8 on Oct 10, 2019 What is regulatory capture? ▸ It is a situation in which a policymaker seeks to improve his election prospects by aligning himself with a powerful special interest group which will finance his political campaign. ▸ It is the exchange of political support between a regulatory agency and the regulated firm resulting in both parties capturing economic rents. ▸ It is a situation in which a regulatory agency uses its authority to force actions that are not favored by the regulated firms but are in the public's interest. ▸ It is a situation in which a firm being regulated successfully influences the regulatory agency's actions to benefit the interests of the firm, rather than the public interest. Title: What is regulatory capture? Post by: zachcarytcris on Oct 10, 2019 Content hidden
Title: What is regulatory capture? Post by: toripollard8 on Oct 10, 2019 Exactly what I needed for my project, TYSM
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