Episode Reviews

Nice description of a case of regulatory capture.

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"How sometimes an industry which is regulated in order to supposedly protect the public and protect the consumers, how that regulation gets captured by the industry itself. And really, the regulation protects the people who are in the industry from anybody competing with them."Well put because besides this there are other examples of regulation that was warped from its original intention to protect those in the industry itself. Good thing that Mike won in the end