Question

What are the statutory objectives of the regulatory institutions?

Answer 1

Answer:

Regulatory authorities are commonly set up to enforce safety and standards, and/or to protect consumers in markets where there is a lack of effective competition or the potential for the undue exercise of market power.

Answer 2

Explanation:

Regulatory authorities are commonly set up to enforce safety and standards, and/or to protect consumers in markets where there is a lack of effective competition or the potential for the undue exercise of market power.

Plz mark me brainliest.