In telecommunication, a capture effect is a phenomenon, associated with FM reception, in which only the stronger of two signals at or near the same frequency will be demodulated.
Note 1: The complete suppression of the weaker signal occurs at the receiverlimiter, if it has one, where it is not amplified, but attenuated.
Note 2: When both signals are nearly equal in strength, or are fading independently, the receiver may switch from one to the other. SynonymFM capture effect.
State capture, that is, a situation where the institutional environment (legislature, regulatory agencies, and judiciary) is shaped by a business elite, is arguably the most serious effect of monopolization on economic reforms.
The extent of capture widely varies among transition countries, and the speed and success of reforms is partly explained by the interplay of capture and democratization in these economies.
To assess the effect of capture on regional economies and on the performance of captor firms we analyzed preferential treatment in regional legislation for up to 20 of the largest firms in each of Russias 89 regions between 1992 and 2002.
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