Regulatory authorities are government agencies responsible for creating and enforcing rules and regulations within specific industries. Their main goal is to protect public health, safety, and welfare by ensuring that businesses comply with laws. Examples of regulatory authorities include the Food and Drug Administration (FDA) for food and medicine, and the Environmental Protection Agency (EPA) for environmental protection. These authorities conduct inspections, issue licenses, and monitor compliance to prevent harmful practices. They also provide guidance to businesses on how to meet legal requirements. By overseeing various sectors, regulatory authorities help maintain standards that benefit society as a whole.