Our blog contains loads of articles about aspects of regulation and links to articles about telecoms, water and post.
Regulation of businesses existed in early Egyptian, Indian, Greek, and Roman civilizations. Standardized weights and measures existed to an extent in the ancient world, and gold may have operated to some degree as an international currency. In China, a national currency system existed and paper currency was invented.
Sophisticated law existed in Rome. In the European law, standardization, and the power of the state languished after the decline of Rome, but regulation existed in the form of norms, customs, and privileges; this regulation was aided by the unified Christian identity and a sense of honor in regard to contracts.
Regulation is nothing new in Europe or elsewhere.