Regulators go under the microscope
- From: Vol 8, Issue 3 (March 2007)
- Category: General
- Region: Europe
- Country: United Kingdom
- Related Companies: Aquavitae
A parliamentary select committee is to examine the role UK regulators play in promoting competition at home and abroad. Ofwat has already come in for criticism.
Ofwat will come under the spotlight when a new House of Lords committee asks how successful regulators have been in policing the companies under their authority, and what can be done to improve their effectiveness. In an initial response, Ofwat has already acknowledged its own disappointment concerning the promotion of competition.
The water regulator’s working methods will be scrutinised ...
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