What is the capture theory of regulation

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1. Why do producers have more interest in government regulations than consumers do?

(a) Compare and contrast the public-interest and special-interest theories of economic regulation. What is the %u201Ccapture theory%u201D of regulation?

(b) Which of these theories best describes the case of airline deregulation? Which best explains the government%u2019s case against Microsoft?

Reference no: EM13160582

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