QuestionJuly 21, 2025

Agency'capture is referred to as regulatory capture. It occurs when an executive agency intended to regulate an industry is instead controlled by the industry it is to regulate. __ True False

Agency'capture is referred to as regulatory capture. It occurs when an executive agency intended to regulate an industry is instead controlled by the industry it is to regulate. __ True False
Agency'capture is referred to as regulatory
capture. It occurs when an executive agency
intended to regulate an industry is instead
controlled by the industry it is to
regulate. __
True
False

Solution
4.5(217 votes)

Answer

True Explanation Agency capture, or regulatory capture, indeed occurs when a regulatory agency becomes dominated by the interests of the industry it is supposed to oversee. This leads to regulations that favor the industry rather than the public interest.

Explanation

Agency capture, or regulatory capture, indeed occurs when a regulatory agency becomes dominated by the interests of the industry it is supposed to oversee. This leads to regulations that favor the industry rather than the public interest.
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