1. World problems
  2. Collusion between experts and vested interests

Collusion between experts and vested interests

  • Cover-up of relations between regulators and potential offenders
  • Financial participation of regulators in regulated enterprises
  • Non-disclosure of financial interests of independent advisers

Incidence

In the UK, up until 1992, the government did not disclose the private financial links between all its senior scientific advisers and the food, chemical and pharmaceutical companies that they regulate. It was therefore unclear how independent such advisers were in approving food additives, pesticides, medicines and techniques such as irradiation and genetic engineering of foodstuffs. For example 3 of 11 members of the advisory committee on pesticides had financial links with chemical companies.

Broader

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Aggravates

False claims
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Biased expertise
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Aggravated by

Strategy

Value

Overregulated
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SDG

Sustainable Development Goal #4: Quality EducationSustainable Development Goal #9: Industry, Innovation and InfrastructureSustainable Development Goal #16: Peace and Justice Strong Institutions

Metadata

Database
World problems
Type
(E) Emanations of other problems
Subject
  • Commerce » Finance
  • Development » Potential
  • Information » Expertise
  • Social activity » Participation
  • Societal problems » Crime
  • Content quality
    Yet to rate
     Yet to rate
    Language
    English
    Last update
    Nov 22, 2022