None of the existing UK quangos and orgs with the title or mission of “regulator” actually do any regulation*, so maybe they thought it was worth a shot? Can’t be any worse than the status quo, right?
*Well, they do regulate normal individuals. Never business or power. Regulatory capture is alive and well.
None of the existing UK quangos and orgs with the title or mission of “regulator” actually do any regulation*, so maybe they thought it was worth a shot? Can’t be any worse than the status quo, right?
*Well, they do regulate normal individuals. Never business or power. Regulatory capture is alive and well.