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.
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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.
We can see this playing out in our insolvency
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Damien Grant
Sat, 22 Oct 2016
Sat, 22 Oct 2016
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OPINION: Self-regulation just creates a closed shop
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