National Regulatory Authority

A National Regulatory Authority (NRA) is a government agency responsible for overseeing and enforcing laws and standards in specific sectors, such as telecommunications, energy, or finance. Its role is to ensure fair competition, protect consumer rights, maintain safety, and promote quality service within its jurisdiction. The NRA develops rules, monitors industry practices, and resolves disputes to create a balanced environment that benefits both consumers and providers. Essentially, it acts as an impartial watchdog that regulates the industry to support stable, reliable, and equitable market operations.