#EU #capture George Stigler’s theory of regulatory capture, in which regulatory bodies act in the interest of pressure groups rather than the public, is an effective means of interpreting this government failure. The simple means by which to analyse the existence of regulatory capture is whether failed regulations are repealed. If regulation fails to achieve its stated intention, repealing it would reverse the presumably unintended consequences. If that same regulation, however, is not repealed as a result, those unintended consequences are better understood as the originally intended consequences of the regulation. https://en.irefeurope.org/Publications/Online-Articles/Regulatory-Capture-in-European-Evidence-Based-Policy-Making