regulatory body

Rules enforcement agency

A regulatory body is an organization, typically governmental, that creates and enforces rules governing a particular industry or activity.

Regulatory bodies set standards, issue licenses, conduct inspections, and impose penalties: The FDA is the regulatory body overseeing drug safety in the United States.

Also called a regulatory agency.

Opposites
authority and enforcement power

regulatory bodyadvisory board

Panel providing organizational guidance

advisory committee · think tank · advocacy group · research institute · trade association

control vs. autonomy

regulatory bodyfree market

Commerce without state intervention

self-governance · voluntary association · private enterprise

institutional function

regulatory bodyprivate enterprise

Individually owned business operation

licensee · business entity · service provider

Family

body, regulate, regulation, regulator, regulatory agency

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