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masya89 [10]
4 years ago
15

What is regulatory capture and why is it illegal?

Business
1 answer:
Zepler [3.9K]4 years ago
4 0
Regulatory capture. Regulatory capture is a form of government failure which occurs when a regulatory agency, created to act in the public interest, instead advances the commercial or political concerns of special interest groups that dominate the industry or sector it is charged with regulating.
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What is the biggest attraction for business considering enganing in international business?
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