Regulatory means concerned with making and enforcing rules. A regulatory body, regulatory approval, the regulatory burden.
Regulatory capture is the standing worry, where the regulator comes to see the world through the eyes of the industry it oversees. Regulatory approval is the step that decides whether a drug or a merger happens at all.
1adjectiveregulatoryConcerned with making and enforcing rules.
“The drug must pass strict regulatory checks before it can be sold.”
regulatory is a quality.