FILE SELECTED // FILE 00
Regulatory Capture
“An agency created to oversee an industry may begin to see the world through that industry.”
01 / SUMMARY
In short
Regulatory capture describes processes through which regulation disproportionately serves regulated interests. Unequal access, information dependence, revolving doors, and political pressure are proposed mechanisms.
03 / SCENE
In the wild
An industry joins daily technical consultations while dispersed users lack the time and organization to respond.
04 / LIMIT
The limit
It proves neither that every regulator is corrupt nor that any business-friendly policy is captured.
FINAL NOTE
What remains
Track who supplies information, access, and career paths, and which counterweights represent the public.