Capture Theory

Capture Theory, in a general knowledge context, refers to the idea that government regulators can become influenced or controlled by the industries they are supposed to oversee. Instead of acting in the public's best interest, regulators may prioritize the desires of the businesses they regulate, leading to policies that benefit those industries rather than society as a whole. This can result in a lack of effective oversight, potentially harming consumers and allowing for unethical practices. Essentially, it highlights the risk of regulatory bodies becoming "captured" by the interests they monitor.