Since 2020, aggregated from related topics
Government regulation refers to the system of rules and laws set by a government to control, direct, or manage various aspects of society, economy, environment, or industry. It is designed to protect the public interest, ensure fair competition, promote safety and security, and address potential risks or externalities. Regulations can cover a wide range of issues, such as health and safety standards, environmental protection, labor practices, consumer rights, and financial markets. Government regulation is implemented and enforced through regulatory agencies, legislation, policies, and oversight mechanisms.