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That’s not what regulatory capture means in this context. People were free to take any drug they wanted before the FDA was created, under your framework, it’s
by wbsss4412 5y ago
That’s not what regulatory capture means in this context.
People were free to take any drug they wanted before the FDA was created, under your framework, it’s impossible for the FDA to exhibit regulatory capture, even if it’s simply a rubber stamp agency.
- unishark 5y agoCertainly my point about was to argue a different meaning than the parent commenter's. But I don't follow your second sentence. Without the FDA there were no regulations to capture, hence no regulatory capture to worry about. A rubber-stamp agency would indeed operate similarly. One might argue it's a case of rubber stamps only for market leaders who have the clout to "capture" them, but Biogen doesn't seem like much of a market leader.