the.com/regulatory oversight
the referee everyone hates until the game has no rules at all.
means government or authorized bodies monitoring industries to make sure they follow laws meant to protect people, markets, or safety.
from emerged from 20th-century industrial disasters and financial crashes that made clear self-policing was mostly self-serving; agencies like the FDA and SEC formalized the babysitting.
same word, opposite meaningoversight can mean watching closely or missing entirely
born from disastermost agencies trace back to a scandal or crash
revolving doorregulators often later work for who they regulated
lag timerules usually arrive after the damage is done