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Failure To Capture: Why Business Does Not Control The Rulemaking Process, Gabriel Scheffler
Failure To Capture: Why Business Does Not Control The Rulemaking Process, Gabriel Scheffler
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Leading figures on both the political right and the political left have concluded that the agency rulemaking process is captured: that it serves to benefit businesses, at the expense of the general public. This perception appears to be supported by recent theoretical and empirical scholarship and has prompted lawmakers to introduce various proposals to reform the federal rulemaking process.
Yet as I will demonstrate in this Article, the view of the rulemaking process as captured is unwarranted. I will show that the academic literature actually provides little guidance as to the magnitude of business influence that is, the extent to …