Definition: is an enforceable power, possessed by various regulatory agencies, that limits and controls the decision-making freedom and opportunities of a company. A regulatory force can have a massive impact on an organization’s day-to-day activities, and serves the purpose of monitoring and coercing proper conduct and fair business practices. Several regulatory agencies possess powers to issue fines and other kinds of penalties to companies, thus, forcing them to comply with the presented regulations.
In a Sentence:
We’ve received a letter from a governmental regulatory force stating that if we don’t implement the latest regulations regarding workplace safety, we’re going to be fined with a substantial sum.
If you’re planning to open a mobile network service, the Federal Communications Commission is the regulatory force that will carefully study your every move.
The FTC regulatory force has informed us that due to the presence of alcohol in our drink, we can’t sell it to anyone younger than twenty-one years old.
Synonyms and related words: economic force, political force, regulatory force, legal forces, force field