self-regulation

Definition

noun
the regulation of an industry by its own members, usually by means of a committee that issues guidance and sets standards that it then enforces
(NoteFor example, the Stock Exchange is regulated by the Stock Exchange Council.)

Use self-regulation in a sentence

They had to do some self-regulation because if they didn't there might be some problems with them in the future.

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You should try and make sure that you are doing the right self-regulation so that your business is running properly.

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My company is part of an industry that regulates itself through self-regulation, and the members of the industry decide what standards each company should follow.

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