Capture Hypotheis

• The regulatory decisions favor the industry (e.g. drug industry); this can be due to the fact that the regulatory bodies tend to have members who used to work in the industry.
• (e.g.) Due to the level of scientific knowledge needed, many regulartory bodies for the pharmaceutical industry are dominated by former drug company executives and scientists.
• Regulatory decisions will favor industry because the industry has greater economic resouces and incentives than consumers.