Review:
Market Regulation
overall review score: 4.5
⭐⭐⭐⭐⭐
score is between 0 and 5
Market regulation refers to the rules and regulations imposed by government authorities on economic activities in a market to ensure fair competition, protect consumers, and maintain market integrity.
Key Features
- Fair competition
- Consumer protection
- Market integrity
- Prevention of monopolies
Pros
- Promotes fair competition
- Protects consumers from exploitation
- Ensures market stability
Cons
- May increase costs for businesses
- Can limit innovation in some cases