Regulatory Capture https://en.wikipedia.org/wiki/Regulatory_capture https://en.wikipedia.org/wiki/Regulatory_capture It isn't the exception; it is the rule. B

Regulatory Capture https://en.wikipedia.org/wiki/Regulatory_capture https://en.wikipedia.org/wiki/Regulatory_capture It isn't the exception; it is the rule. Bodies that govern an industry are _inevitably_ captured by the industry they govern, because that industry has the absolute highest incentive to write the rules it has to follow.