Difference between revisions of "Regulation"
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Revision as of 10:37, August 28, 2012
A Regulation is the formulation and issuance by authorized agencies of specific rules or regulations, under governing law, for the conduct and structure of a certain industry or activity.
Courts have affirmed a general authority by government to regulate business, with important limitations on that authority.[1]
Sources
http://usinfo.state.gov/products/pubs/oecon/chap12.htm