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regulatory capture

corrupt government failure in which regulations are written in favour of private interests

en-GB/ɹɛɡjʊlətəɹiː ˈkæpt͡ʃə/
en-US/ˈɹɛɡjələˌtɔɹi ˈkæpt͡ʃɚ/

Categories:

political corruptionlobbyinggovernment failure