Corporate lobbying is not the only means by which regulators are captured. The revolving door between industry and regulatory agency is another and removal of t

Corporate lobbying is not the only means by which regulators are captured. The revolving door between industry and regulatory agency is another and removal of that suggests a problem: do you want the regulations governing an industry to be made by people with no relevant experience? No, then they will hire people from the industry they are expected to regulate and those regulations will benefit established companies.