4 ms·

Regulatory capture. Is that the right phrase?

• thaumasiotes 9y ago
  Regulatory capture would usually refer to an industry gaining control of the body that is nominally supposed to regulate it, like if the FCC was captured by broadcasters or the SEC was captured by banks. Movie production isn't what I would think of as a regulated industry; this seems more like regular lobbying.
• alexc05 9y ago
  If you search the definition of regulatory capture you get: >Regulatory capture is a form of government failure that 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. Specifically in this case however, the "public interest" could be described as the preservation and promotion of French culture. Which in this case, could be argued IS served by the regulation that awards can only be given to the product which shows in French theaters. Since we'd have to note that it also means that it must pass all relevant French classification regulations. Now, I'm Canadian and we have a series of laws called "can-con" (which stands for Canadian content) where all licensed broadcasters must show a certain proportion of their shows as approved can-con (based on the proportion of the creative staff who are Canadians). This does have an effect on shoring up the difference in culture. I mean - so - maybe that results in Trailer Park Boys - but come on! That episode where Rush shows up? Pure gold. I think the requirement to restrict to cinema-only is a bit of a sledgehammer solution but I personally see the point and think it's overall a good thing.