National Regulatory Authorities (NRAs)

National Regulatory Authorities (NRAs) are government agencies responsible for overseeing and enforcing laws and regulations within specific sectors, such as telecommunications, energy, finance, and pharmaceuticals. Their primary role is to ensure fair competition, protect consumers, and maintain safety and quality standards. NRAs monitor industry practices, issue licenses, and can impose penalties or corrective actions when necessary. By regulating these sectors, NRAs aim to create a balanced environment that fosters growth while safeguarding public interests.