Certainly 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 r

Certainly 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.