Rate regulation: Difference between revisions
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imported>Doug Williamson (Minor wording clarification) |
imported>Doug Williamson (Spacing and add explicit reference to Rate regulation.) |
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Rate regulation is a framework for establishing the prices that can be charged to customers for goods and services. | |||
This framework is subject to oversight and/or approval by a rate regulator. | |||
For example, many governments regulate the supply and pricing of particular types of activity by private entities, including utilities such as gas, electricity and water. | For example, many governments regulate the supply and pricing of particular types of activity by private entities, including utilities such as gas, electricity and water. | ||
Revision as of 08:31, 18 January 2015
Rate regulation is a framework for establishing the prices that can be charged to customers for goods and services.
This framework is subject to oversight and/or approval by a rate regulator.
For example, many governments regulate the supply and pricing of particular types of activity by private entities, including utilities such as gas, electricity and water.
