Regulatory capture
From The Art and Popular Culture Encyclopedia
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Regulatory capture is a form of government failure which occurs when a regulatory agency, created to act in the public interest, instead advances the commercial or political concerns of special interest groups that dominate the industry or sector it is charged with regulating.
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See also
- Campaign finance
- Concentrated benefits and diffuse costs
- Corporate welfare
- Crony capitalism
- Iron triangle (US politics)
- Occupational licensing
- Political corruption
- Regulatory capitalism
- Rent seeking
- Revolving door (politics)
- State capture
- Literature
- 100,000,000 Guinea Pigs, by Arthur Kallet and F.J. Schlink, first published in 1933
- Other American groups promoting transparency
- MAPLight.org, tracks money and politics in the U.S.
- Sunlight Foundation, promotes government transparency and accountability
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