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That isn’t what regulatory capture means. Regulatory capture has to do with industry vs public rather than big co vs little co. Regulatory capture is an econ
by CalChris 5y ago
That isn’t what regulatory capture means. Regulatory capture has to do with industry vs public rather than big co vs little co.
Regulatory capture is an economic theory that regulatory agencies may come to be dominated by the interests they regulate and not by the public interest. The result is that the agency instead acts in ways that benefit the interests it is supposed to be regulating.
https://www.investopedia.com/terms/r/regulatory-capture.asp https://www.investopedia.com/terms/r/regulatory-capture.asp
- jlawson 5y agoIn this case, the small-co or independent inventor acts as a member of the public. It's really about established players being able to invest in controlling the regulators that are specific to them, while new players considering entering obviously don't have this advantage. Structurally it's similar to NIMBYism.
- deelowe 5y agoAs another commenter suggested, let's look at the data from the USPTO and see what the submission/approval ratio looks like for large cap, small cap, and independents before jumping to conclusions...