Regulatory Measures
Regulatory measures are rules and guidelines established by governments or regulatory bodies to control and manage specific activities within various industries. These measures aim to protect public health, safety, and the environment while ensuring fair competition and consumer rights. Examples include regulations on food safety, financial practices, and environmental protection.
These measures can take various forms, such as laws, standards, and permits. They often require businesses and organizations to comply with specific practices, such as regular inspections or reporting requirements. Effective regulatory measures help maintain order and accountability in society, promoting trust between consumers and providers.