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Third, regulators have personal relationships with representatives from the industry who are generous to members of the agency. Basically, the regulatory agencies come to represent the interest of the industry they were created to control as opposed to the public interest. The part of the iron triangle where this occurs is where the interest group sends the agency information and support. The information is passed to the committee. The committee then sends favorable legislation to the interest group's industry. This favorable legislation is the outcome of the process of co-optation.
The iron triangle is not a subversion of democracy, but co-optation is...
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