Regulation can be argued as justified based on:

Question

Quizplus · Accepted Answer

Regulation can be justified based on utilitarian and justice grounds. This means that regulation should be put in place to ensure that the benefits of an activity outweigh the harm to society. For example, regulations can protect consumers from harmful products or ensure that companies do not engage in anti-competitive behavior. Justice grounds refer to the idea that regulation can be used to ensure fairness and equality within a particular industry or market.

Regulation Can Be Argued as Justified Based On