Concept information
Preferred term
regulation and regulatory agencies
Definition
- Regulation has been defined broadly as the intentional restriction of a subject's choice of activity by an entity not directly party to or involved in that activity. In its most familiar form, regulation concerns restrictions placed by government on activities in the private sector (although government may also regulate itself). [Source: Encyclopedia of Business Ethics and Society; Regulation and Regulatory Agencies]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/regulation_and_regulatory_agencies
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