Government intervention through needless regulation

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Some contend that government wants to increase its regulation of business for the good of society as a whole while others trust that the marketplace is self-regulating then that government intervention through needless regulation places an unfair expensive burden on businesses in general and on small businesses in particular. What role do you trust government regulation must play to ensure ethical conduct by businesses? How do dissimilar political viewpoints potentially shape the answer to this question?

Reference no: EM1374177

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