Errm "instead advances the commercial or special concerns of interest groups that dominate the industry or sector it is charged with regulating"

Incumbent Taxi companies have been lobbying regulation bodies for laws to stop competition for a long time. That's exactly what i'm talking about. They use excuses like "reducing congestion" etc when more taxi's actually reduces congestion.

Taxi companies all over the world are currently lobbying and forcing their local regulation agencies to stop uber(I.e Competition). I.E http://www.bbc.co.uk/news/world-europe-33281896

They spend a lot of money on PR to manipulate media to create scare stories as well.