regulatory capture
regulatory capture · regulatory captures
The situation where a regulatory agency, created by government to act in the public…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.
Meaning
1 senses(countable, uncountable)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.
Origin
First described in The Theory of Economic Regulation (1971).First described in The Theory of Economic Regulation (1971).
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Forms
plural: regulatory captures| Singular | regulatory capture |
|---|---|
| Plural | regulatory captures |
regular
Word family
4 related wordsLessons for this word
1 lessons- A1Countable and uncountable nouns — Because it can be uncountable