It is not the market, an efficient social institution, which is regulated.

并不是在调控市场这个有效的社会制度。

youdao

If you do it by the free market, you're regulated by the consumers, their choices and if they choose to bankrupt the company, the company has to go bankrupt, so you have bankruptcies.

如果你通过自由市场来做的话，那你就是受到消费者的监管。

youdao

The burgeoning regulated market for carbon credits is expected to more than double in size to about $68.2bn (?50bn) by 2010, with the unregulated voluntary sector rising to $4bn in the same period.

受到监管的碳信用市场方兴未艾，预计在2010之前，规模将增长一倍多，达到682亿美元左右。 而不受监管的自发市场届时也将增至40亿美元。

youdao

That could be about to change. The government has released a report that details how Australia's well-regulated economic system could cater to the Islamic market.

VOA: standard.2010.02.15

Also, since Elliott largely doesn't play in the derivatives market, Mr. Singer bears few of the costs if that market is regulated more heavily.

WSJ: The Weekend Interview with Paul Singer: Mega-Banks and the Next Financial Crisis

In this environment, regulation and supervision didn't quite wither away, but it's fair to say they lost support and lost potency, partly as a matter of ideology but partly because the banks that were the most heavily regulated lost relative importance in the market so there was overall less regulation.

FORBES: Magazine Article

Even in the heavily regulated and protected financial sector, the market is still working.

FORBES: Financial Performance of Six Big Banks