Economic regulations are rules or laws imposed by the government that govern various aspects of economic activities, such as trade, labor practices, consumer protection, and competition.
Related terms
Antitrust Laws: Antitrust laws are regulations designed to prevent monopolies and promote competition in order to protect consumers.
Labor Standards: Labor standards refer to regulations that protect workers' rights, ensure fair wages, safe working conditions, and reasonable working hours.
Consumer Protection: Consumer protection refers to laws and policies aimed at safeguarding consumers from unfair business practices, frauds, scams, or unsafe products.