regulatory capture

Noun

Meaning

regulatory capture (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.
Coordinate term: elite capture

Source: en.wiktionary.org

Examples

“Regulatory capture is characterized by the regulator’s attitude, not the regulated entity’s actions,” writes Hempling. Source: Internet

Close letter words and terms

regulatory authority regulatory body regulatory cancellation regulatory commission regulatory entrepreneur regulatory entrepreneurship