"Regulatory capture" refers to the situation where a government agency charged with supervising and regulating a particular industry is:

A. Strongly influenced by the firms in that industry
B. Headed by bureaucrats who have a "lock" on their positions, without any rivals
C. Completely dominating the actions of firms in the industry
D. Headed by unelected government officials


A. Strongly influenced by the firms in that industry

Economics

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