English Explanatory Dictionary

regulatory capture

English dictionary entry

Meanings

noun
  1. The situation where a regulatory agency, created by government to act in the public interest, instead advances the commercial or political concerns of special interest groups that dominate the affected industry or sector.

Word forms

regulatory capture regulatory captures

Etymology

First described in The Theory of Economic Regulation (1971).

Related words

corpocracy elite capture iron triangle revolving door syndrome state capture
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