Sectoral Regulation

Sectoral regulation involves specific rules and oversight tailored to individual industries or sectors, like telecommunications, energy, or healthcare. These regulations are designed to ensure fair competition, protect consumers, and promote safety within that particular sector. Regulatory authorities set standards, monitor compliance, and intervene when necessary to maintain proper functioning. This sector-specific approach recognizes the unique characteristics and needs of each industry, helping to create a balanced environment where businesses can operate efficiently while safeguarding public interests.