________ occurs when an agency, rather than acting in the public interest, becomes too favorable toward the organized interests

Question

Lana71 [14]

2 years ago

12

________ occurs when an agency, rather than acting in the public interest, becomes too favorable toward the organized interests

or corporations it is supposed to be regulating.

Business

1 answer:

Luda [366] · Answer 1 · 2023-02-04T17:10:57+03:00

When an agency acts in the interests of corporations it is meant to be regulating, this is called Regulatory capture.

<h3>What is regulatory capture?</h3>

In order to ensure that corporations don't act in ways that threaten the public, regulatory agencies are tasked with moniotirung their moves.

When these agencies stop regulating these companies and instead becomes favorable to them, then the agency has been captured in what is called regulatory capture.

Find out more on regulatory capture at brainly.com/question/16180695.

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