Why some regulatory authorities fail to regulate businesses?

[Good-Person]

The main job of regulatory authorities is to regulate businesses. They are responsible for this and there are many legal aspects related to this. However, there are many regulatory authorities that completely fail to regulate the business. Why is this so? What could be the main reason behind this?

 

[Nomad]

When businesses are too big, they will have tremendous influence in the government, therefore, they will easily get away with irregularities, which is why they can't be regulated by the authorities. Big businesses frequently take undue advantage of their influence on the government.

 

[Good-Person]

When businesses are too big, they will have tremendous influence in the government, therefore, they will easily get away with irregularities, which is why they can't be regulated by the authorities. Big businesses frequently take undue advantage of their influence on the government.

On the contrary, I am sure that if a business is big enough, then the regulatory terms and conditions could be strict when it comes to regulating a big business. For example, Mcdonald's is a really big company. It is worth trillions of dollars. I am sure that it is regulated by some regulatory authority.

 

[Henrywrites]

The main job of regulatory authorities is to regulate businesses. They are responsible for this and there are many legal aspects related to this. However, there are many regulatory authorities that completely fail to regulate the business. Why is this so? What could be the main reason behind this?

The reason some businesses can't be regulated is because of how sneaky those doing the business can be. As the saying goes, when the law gets smart, you can get smarter is applied to some of those businesses. So, the agencies regulating some of these businesses find it difficult to detect what is going on.

 

[Ja Sa Bong]

If the body which is supposed to regulate businesses are not doing it, this can mean only one thing and it's because they have taken bribe. Bribery and corruption have eaten into the roots of every government and private bodies that are supposed to serve the public.

 

[Good-Person]

The reason some businesses can't be regulated is because of how sneaky those doing the business can be. As the saying goes, when the law gets smart, you can get smarter is applied to some of those businesses. So, the agencies regulating some of these businesses find it difficult to detect what is going on.

If the body which is supposed to regulate businesses are not doing it, this can mean only one thing and it's because they have taken bribe. Bribery and corruption have eaten into the roots of every government and private bodies that are supposed to serve the public.

There are many different reasons why not all the businesses could get regulated. I live in a city where many businesses are not even registered by the government. They conduct businesses at a very low level and they even hide their business. For example, they may be running a factory in a residential or commercial area. This may be hidden from the authorities.

 

[Ja Sa Bong]

There are many different reasons why not all the businesses could get regulated. I live in a city where many businesses are not even registered by the government. They conduct businesses at a very low level and they even hide their business. For example, they may be running a factory in a residential or commercial area. This may be hidden from the authorities.

There's no place where a business is established even if it's in the local residential area the government isn't aware of it. It the business product comes into the market, they have a task force which will find out the location of the business. This is how businesses operate in my state.