Regulation refers to the rules and guidelines set by a governing body to control and oversee various industries and activities to ensure compliance with laws and standards. It is designed to protect consumers, promote fair competition, and maintain order in the marketplace.

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Regulation is essential for maintaining order, protecting consumers, and promoting fair competition in various industries.

Regulation is important for maintaining order, protecting consumers, and promoting fair competition in various industries.

Regulation is important for maintaining a level playing field and protecting consumers in various industries.

Regulation is important for ensuring compliance with laws and standards, protecting consumers, promoting fair competition, and maintaining order in the marketplace.