Regulated Industry
/ˈrɛɡjʊˌleɪtɪd ˈɪndəstri/
Definitions
- (n.) An economic sector subject to government laws and regulations to ensure compliance with standards and protect public interest.
The telecommunications sector is a regulated industry requiring carriers to adhere to strict licensing rules.
- (n.) An industry whose operations and business practices are overseen by regulatory authorities to prevent monopolies, protect consumers, and ensure fair competition.
Utilities are a regulated industry because they provide essential services and must maintain pricing controls.
Forms
- regulated industries
Related terms
See also
Commentary
The term 'regulated industry' specifically denotes industries under statutory oversight, emphasizing the legal constraints governing their operation.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.