Verified75% confidenceFactExact time
Regulatory capture is a classic concept in public choice theory, referring to the phenomenon whereby regulatory agencies are influenced by the industries they are supposed to regulate, ultimately producing policies that benefit incumbent firms rather than the public.
5
Sources
75%
Confidence
Long-term
Relevance
8/7/2026
First Seen
Sources
Related Claims
UnverifiedIn regulatory reviews of corporate mergers, public opinion often serves as an important basis for regulators' decisions.76% similarVerifiedRegulatory capture refers to the phenomenon whereby the regulated party gradually influences or even dominates the oversight body that is supposed to check it, through advantages in resources, information, or relationships.76% similarUnverifiedRegulatory capture theory points out that when dense exchanges of people, money, and information form between the regulated and the regulators, the scales of the rules will tilt.73% similarUnverifiedThe core of regulatory intervention is to design a set of rules such that, while each participant pursues its own profit maximization, its behavior exactly conforms to the social optimum, that is, satisfies incentive compatibility.69% similarUnverifiedAcademics refer to the phenomenon of companies proactively participating in defining the boundaries of issues to influence regulation as an active variant of regulatory capture.67% similar
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