What is the capture theory of regulation


Problem

Theories of Regulation Why do producers have more interest in government regulations than consumers do?

a. Compare and contrast the public-interest and specialinterest theories of economic regulation. What is the capture theory of regulation?

b. Which of these theories best describes the case of airline deregulation? Which best explains the government's case against Microsoft?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: What is the capture theory of regulation
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