pgs

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  • Created by: debbs
  • Created on: 29-11-17 19:42

1. Lobbying/ professional lobbyist

PGs hire professional private lobbying firms to discuss and negotiate policies reflecting the PGs interests.

eg. 2013 estimates close to $3.25b was spent to influence congress & the executive branch.

2. 'Relegating capture'

When a regulatory agency created to act in the public’s interest, but instead advances the commercial or political concerns of PGs that dominate the industry that its charged with regulating.

eg. 2012 BP oil rig explosions in the Gulf of Mexico, Gov. agency BOEMRE failed to effectively regulate…

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