👉 In the context of law, "non-regulation" refers to a situation where government regulations are not enforced effectively or efficiently. This can happen due to various reasons such as lack of resources, political instability, corruption, or mismanagement of regulatory frameworks. Non-regulated markets and industries can lead to inefficiencies in production, distribution, and services, which can have negative impacts on consumers, businesses, and the economy as a whole. In some cases, non-regulation can also lead to monopolistic
