Describe a situation where new, emerging technology has given rise to possible government regulation. The dynamism in technological advancements is evolving rapidly, and government intervention is critical for it to remain relevant. There has been frequent technological innovation in almost every field globally. Businesses which fails to incorporate technology in their operations are at risk of winding up. Similarly, a company which includes technological innovations in their services will have a competitive advantage compared to their rivals. However, despite its benefit, a need for government regulation is crucial to control its operations. The regulatory bodies are striving to maintain a balance between fostering innovations, protecting customers, and addressing disruption consequences. The change of technology such as significant data intelligence, the Internet of Things (IoT), and artificial intelligence (AI) are creating new forms of customer interactions and thus disrupting the traditional business models (Zoellner, 2017). In the wake of these technological advancements, regulatory bodies face a crucial challenge of protecting their citizens by ensuring fair markets, whereas allowing these emerging technologies to flourish. The paper explores government regulations that result from the…