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Regulatory capture on the rise
The notion that regulators hold absolute sway over the industries they cover is facing mounting challenges, as increasingly successful lobbying by big business to dilute
regulations – ranging from bank capital requirements to climate change measures to artificial intelligence (AI) legislation – points to “regulatory capture”.
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By Intuition Publishing (www.intuition.com)The notion that regulators hold absolute sway over the industries they cover is facing mounting challenges, as increasingly successful lobbying by big business to dilute
regulations – ranging from bank capital requirements to climate change measures to artificial intelligence (AI) legislation – points to “regulatory capture”.