Question

give examples of government regulations that you observed or deal with recently

Answer 1

Government regulation: A law passed by a particular government to supervise, guide, regulate and mend the behaviour of people, firms or groups. It is generally done to achieve social efficiency.
There are several types and examples of government regulations in place. Some of which are

1) Overtime regulations: When government directs the businesses to pay higher money wages to its employees if they are making them work overtime.Most of developed countries have elongated rules and laws for protection of employees.
Example: Fair Labor standards Acts (FLSA) in United states not only does sets overtime regulations, but advocates for minimum wages.

2) Consumer Protection: It is one of the key areas where almost every government has invested in. Various laws and regulations are made for restricting exploitation of consumers.
Example: Competition and consumer Act 2010 Australia seeks to protect consumers from unfair business practices relating to misleading and deceptive engagements, safety and reliability of the products, conditions of consumer transactions, warranties etc.