regulated
v.v. to control an activity or process by using rules or laws. You do this to make sure things are fair, safe, or working correctly.
v. to govern or direct according to rule; to bring under the control of an authority. Often used in legal or economic contexts to describe state oversight of private industry.
The government regulated the price of bread to help the poor.
The new agency was created to ensure that the fishing industry is strictly regulated to prevent overfishing.
While the market was once entirely free, the state eventually regulated the flow of capital to prevent the kind of speculative bubbles that had previously crashed the economy.
The verb is transitive and requires a direct object. It is frequently used in the passive voice when discussing laws or industries.