Command and control regulation and legislation

Command and control (regulation + legislation): rules imposed by the government that force consumers or firms to behave in a certain way by law.

Examples

• Class A drugs consumption and production is banned in the UK

• Petrol and diesel car production is being banned in the UK starting in 2030.

• By law, all cars must be fitted with catalytic converters that reduce their emissions.

However can cause;

• Lying or parallel markets

• Politically unpopular - people like choice