When regulatory agency officials with a pro-industry bias are appointed to office, or can anticipate lucrative private industry careers following government service, the situation is known as which of the following?

Question

Quizplus · Accepted Answer

This situation is known as agency capture, where regulatory agency officials with pro-industry bias prioritize the interests of the industries they are supposed to regulate over those of the public they are meant to protect. This can lead to a lack of enforcement, lax regulations, and overall harmful consequences.

When Regulatory Agency Officials with a Pro-Industry Bias Are Appointed