Abstract
In an era of deregulation and resource constraints, there is a tension between
the merits of a specialist versus a generalist regulatory model. Effective
regulation is achieved when specific policy levers are used to address
specific priority harms, and only then can the most appropriate regulatory
model be determined. However, the choice is not a binary one. Consideration
must be given to the current complex policy environment, and the unintended
consequences of deregulation. This article postulates that policy-makers
should be conscious of the different roles specialist and generalist regulators
play in determining the best settings to make markets work for the long-term
benefit of consumers.
Original language | English |
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Pages (from-to) | 119-122 |
Journal | Australian Journal of Competition and Consumer Law |
Volume | 27 |
Issue number | 119 |
Publication status | Published - 2019 |