OPINION: Self-regulation just creates a closed shop
Paul Goldsmith's attempt to reform the insolvency industry has been captured by a basket of deplorables. With VIDEO.
Damien Grant Sat, 22 Oct 2016
Scroll down for video
It’s always nice to see real life follow economic theory. The concept of Regulatory Capture predicts that an industry, once regulated, will seek to game the regime to benefit itself at the expense of consumers.