Regulatory Rollback

Regulatory rollback refers to the process of reducing, reversing, or weakening existing laws and regulations set by government agencies. This often occurs when policymakers believe certain rules are too strict, hinder economic growth, or become outdated. The goal is to make compliance easier for businesses and promote innovation. However, it can also raise concerns about potential risks, such as reduced protections for consumers, workers, or the environment. Essentially, regulatory rollback adjusts the balance between regulation and economic activity, aiming to streamline rules without compromising safety or fairness.