In a market there are
regulators which act as competition to help the consumer get a better deal.
They make sure that people in the UK get the best from their industry and
are protected from scams and sharp practices, while ensuring that competition
can thrive. The law of the UK says their principal duty is to further
the interests of citizens and of consumers, where appropriate by promoting
competition.
Some of the
"offices of" are:
Ofqual- Office
of Qualifications and Examinations Regulation
Ofsted- Office
for Standards in Education, Children's Services and Skills
Ofcom- independent
regulator and competition authority for the UK communications industries
Ofgem- the
Office of the Gas and Electricity Markets
Ofwat- the Water
Services Regulation Authority
Other regulators
include:
Environment Agency (EA)
Financial Conduct
Authority (FCA)
General Medical
Council (GMC)
Civil Aviation
Authority (CAA)
Office of Road
and Rail (ORR)
Advertising Standards
Authority (ASA)
British Board of Film
Censors (BBFC)
Competition
and Market Authority (CMA)
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