Economics B A-Level
Regulatory capture
What Regulatory capture means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Regulatory capture
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Reference: Pearson Edexcel
A situation where regulators act in the interest of the firms they oversee, leading to government failure and misallocation of resources.
Topics that use Regulatory capture
- Arguments for and against regulation (Pearson Edexcel A-Level)
Related terms
Using Regulatory capture in the exam
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