Regulatory Framework

Why it matters

• Ensures fair competition and prevents the formation of monopolies or anti-competitive practices within the market.
• Protects consumer rights and safety by setting mandatory standards for product quality and service delivery.
• Maintains systemic stability by mitigating risks in sensitive sectors such as finance, environment, and public health.
• Provides legal certainty and predictability for investors and stakeholders, fostering a conducive environment for economic growth.

How it is asked

Focus on the balance between 'ease of doing business' and 'regulatory oversight,' the role of independent regulators in preventing executive overreach, and the challenges of 'regulatory capture' where agencies prioritize industry interests over public welfare.