Governance in Risky Markets
Analyze how a government should respond when products or practices may put consumers at risk. Use examples from vehicle recalls and scrutiny of unverified medical claims to compare preventive regulation, rapid incident response, disclosure rules, and public communication. Then propose a playbook for building trust in high-tech or high-growth markets, including how regulators can avoid both overreaction and complacency. Conclude with the trade-offs between innovation speed and safety assurance.
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