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Constitution in Business Regulation
The need for more responsive and effective business regulation was part of the reason for the fight for independence and the establishment of the federal government. Since then, businesses have been governed and regulated by the federal government. The purpose of business regulations by the federal government is to primarily protect businesses and its consumers.
However, if there was no regulation, businesses would be uncontrollable. For example, Apple and Microsoft, the two biggest names in the computer industry, have control over a larger sector of the market than any other company combined...
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