Government regulation refers to the rules, directives, and laws established by governmental bodies to control and govern the behavior of individuals, businesses, and organizations within a society. These regulations aim to protect public interests, including health, safety, and welfare, while also promoting fair competition and addressing market failures. Government regulation can take various forms, such as legislation, executive orders, and administrative rules, and it spans multiple sectors, including environmental protection, labor standards, financial markets, and consumer rights. The intent of regulation is to ensure that entities operate within a framework that aligns with societal values and norms, balancing the needs of the public with the rights of individuals and businesses.