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<a accesskey="3" href="page.php?w=Regulatory_agency&amp;p=2">3.Next</a>
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<p>A <b>regulatory agency</b> (<b>regulatory body</b>, <b>regulator</b>) or <b>independent agency</b> (<b>independent regulatory agency</b>) is a <a href="page.php?w=government_agency">government authority</a> that is responsible for exercising autonomous jurisdiction over some area of human activity in a <a href="page.php?w=licensing">licensing</a> and <a href="page.php?w=regulation">regulating</a> capacity. Examples of responsibilities include strengthening safety and standards, and/or to protect consumers in markets where there is a <a href="page.php?w=Imperfect_competition">lack of effective competition</a>.</p><p>
<a accesskey="3" href="page.php?w=Regulatory_agency&amp;p=2">3.Next</a>
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