French School of Regulation

The French School of Regulation refers to a theoretical framework in economics and social sciences that examines how public authorities manage and regulate markets and industries to ensure fair competition, protect consumers, and promote public welfare. Originating in France in the late 20th century, it emphasizes the importance of institutions and policies in shaping economic outcomes. Rather than relying solely on free markets, this approach acknowledges the role of government in correcting market failures and addressing social issues, highlighting a balance between state intervention and market forces for effective regulation.