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Regulation is the management of complex systems according to a set of rules and trends. In systems theory, these types of rules exist in various fields of biology and society, but the term has slightly different meanings according to context.
A regulated market (RM) or coordinated market is an idealized system where the government or other organizations oversee the market, control the forces of supply and demand, and to some extent regulate the market actions.
Regulatory capture is the process through which a regulatory agency, created to act in the public interest, instead advances the commercial or special concerns of interest groups that dominate the industry it is meant to regulate. [2]
In mathematics, a regulated function, or ruled function, is a certain kind of well-behaved function of a single real variable. Regulated functions arise as a class of integrable functions , and have several equivalent characterisations.
refer the regulated company to a competition authority, in instances where it may have breached competition law, or prosecute the company (via civil courts). In some instances, it is deemed in the public interest (by the legislative branch of government) for regulatory agencies to be given powers in addition to the above.
In economics, a government-granted monopoly (also called a "de jure monopoly" or "regulated monopoly") is a form of coercive monopoly by which a government grants exclusive privilege to a private individual or firm to be the sole provider of a good or service; potential competitors are excluded from the market by law, regulation, or other mechanisms of government enforcement.
Regulatory capitalism claims that the capitalist system was built, cultivated, and controlled by regulation and that demand for regulation is in fact generated by capitalism. Deregulation may represent trends in some industries (notably finance), but more regulation is the general trend beyond that characterize modern and post-modern capitalism ...
The expansion of the state nowadays is generally via regulation and less via taxing and spending. [2] The notion of the regulatory state is increasingly more attractive for theoreticians of the state with the growth in the use and application of rule making, monitoring and enforcement strategies and with the parallel growth of civil regulation ...