Advertising regulations exist primarily to achieve which of the following goals?

Advertising regulations are designed primarily to assure full and truthful disclosures to the public. This goal is integral to maintaining consumer trust and informed decision-making. Regulations require that advertisements do not contain false claims, misleading information, or omissions that could deceive consumers. By enforcing these standards, regulatory bodies aim to protect consumers from fraudulent practices and ensure they have access to accurate information about the products and services offered to them.

While other options mention important aspects of advertising, such as encouraging competition and promoting brand recognition, the primary focus of advertising regulations is consumer protection through transparency. Limiting advertising expenses also does not align with the core purpose of these regulations, as they are not concerned with how much businesses spend on advertising but rather how truthful and honest their advertising messages are.