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regulatory capture

noun

Etymology

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

Definitions

  1. 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.

    • The problem is regulatory capture. We need to want new companies to build these things, even if incumbents don’t like it, even if only to force the incumbents to build these things. And the problem is will. We need to build these things.

The neighborhood

Vish — recursive loop

No curated loop yet for regulatory capture. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA