3 ms·
There is a substantial literature documenting regulatory capture in the modern bureaucratic state, but the business model dates back centuries. This is almost l
by akimball 4y ago
There is a substantial literature documenting regulatory capture in the modern bureaucratic state, but the business model dates back centuries. This is almost like asking for evidence of air.
- karpierz 4y agoI think this is conflating two phenomenon. The parent poster was asking: Do companies push for the creation regulatory bodies to stifle competition? Whereas regulatory capture is the process by which companies shape existing regulatory bodies to serve their interests. But it presumes the existence of a body to regulate them; regulatory capture can't occur if there isn't regulation to start with.