National Regulatory Authorities

National Regulatory Authorities (NRAs) are government agencies responsible for overseeing specific sectors, such as telecommunications, energy, finance, or health. Their main roles are to ensure that businesses comply with laws and regulations, promote fair competition, protect consumers, and maintain public safety. NRAs set standards, grant licenses, monitor activities, and can impose penalties for violations. By doing this, they help create a stable and fair market environment, fostering innovation while safeguarding public interests. Essentially, NRAs are crucial for maintaining order and trust in various industries.