Which of the following is a characteristic of capture theory?
A) In deciding on a particular regulation, regulators consider the impact on key voters and on election finances
B) The regulated subsequently try to control the regulator, to achieve their self-interest
C) The regulator is a neutral arbiter, and does not let its own interest impact on its rule-making process
D) None of the given options are correct

Question

Quizplus · Accepted Answer

Capture theory suggests that the regulated entities, such as large corporations, may seek to control the regulator to achieve their self-interest. This can manifest in various ways, such as regulatory capture or revolving doors between regulatory agencies and the regulated industries. The other options do not reflect the characteristic of capture theory.

Which of the Following Is a Characteristic of Capture Theory