Regulators must be held to account


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Victoria Hewson, IEA Head of Regulatory Affairs, has written for CapX on the important role that judicial scrutiny can play in the regulatory process.

In light of Meta’s decision to appeal the Competition and Market Authority’s ruling that they must release recently acquired Giphy.

“Like all regulators, the CMA is capable of making mistakes, and even of acting in its own institutional interests. As shown in the CAT last week, judicial scrutiny brings immense value to the regulatory process, both in practical terms – to bring transparency and quality assurance to decision-making – and in the interest of procedural fairness.”

Read the full article here.


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