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Tests for Regulation

Tests for Regulation

Three decades after the wave of privatisation and liberalisation of many of the key service sectors in the UK, an important debate is taking place about the extent to which they are delivering for their customers and society, and – linked to  that – how they are regulated. At the time of privatisation, some sectors, including telecoms, saw the creation of specialist sector-focused economic regulators, whose role explicitly was to align the interests of these now-private providers of important services with those of customers.

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