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Isn't regulatory capture when a company shapes regulation to achieve business interests? How is this the case here?
by 1718627440 18d ago
Isn't regulatory capture when a company shapes regulation to achieve business interests? How is this the case here?
- nickff 18d agoExcluding foreign competitors is a classic ‘regulatory capture’-style approach. Regulatory capture is (typically) a ‘bootleggers and baptists’ scenario where there are both good and bad reasons to enact the rules.