What is the difference between government regulation and self regulation?

Contemporary Marketing
18th Edition
ISBN:9780357033777
Author:Louis E. Boone, David L. Kurtz
Publisher:Louis E. Boone, David L. Kurtz
Chapter3: The Marketing Environment, Ethics, And Social Responsibility
Section3.3: The Political-legal Environment
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What is the difference between government regulation and self regulation?

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provide an example of a governmental regulation that has affected in a positive way a business industry? 

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