What is the role of government in regulating the digital economy?

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What is the role of government in regulating the digital economy?

The role of government in regulating the digital economy is to establish and enforce policies, laws, and regulations that ensure fair competition, protect consumer rights, and promote innovation and growth in the digital sector. This includes overseeing issues such as data privacy and security, intellectual property rights, online marketplaces, digital infrastructure, and internet governance. Governments also play a role in bridging the digital divide, promoting digital literacy, and addressing the social and economic implications of digital transformation.