Government Regulation
Definition
Government regulation refers to the implementation of laws and policies by the government to control or oversee various aspects of industries, businesses, or individuals. It aims to protect consumers, promote fair competition, and ensure public safety.
Related terms
Antitrust Laws: Antitrust laws are regulations designed to prevent monopolies and promote competition in the marketplace.
Consumer Protection: Consumer protection refers to measures taken by the government to safeguard consumer rights and ensure fair treatment from businesses.
Occupational Safety and Health Administration (OSHA): OSHA is a federal agency responsible for setting standards and regulations regarding workplace safety and health.
"Government Regulation" appears in:
Subjects (2)
Practice Questions (3)
Are you a college student?
Study guides for the entire semester
200k practice questions
Glossary of 50k key terms - memorize important vocab
Resources
© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.