Regulatory Governance

Regulatory governance refers to the system and processes that authorities use to create and enforce rules that influence how businesses and services operate in the economy. It aims to protect public interests, ensure fair competition, and promote innovation while preventing abuses like monopolies. This governance involves various stakeholders, including government agencies, businesses, and consumers, working together to maintain balance. Effective regulatory governance helps ensure that regulations are transparent, efficient, and adaptable to changing economic conditions, ultimately supporting a stable and thriving market for everyone.