Thread: Are industry regulators a danger to the public?
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Old 02-02-2007, 15:10   #11
Vlad_Dracul
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Re: Are industry regulators a danger to the public?
Quote:
Originally Posted by BBKing View Post

Proper regulation improves safety. That's why it's done, but it also helps that there's actually a working market in aviation. The worst thing you could do would be to lighten the regulatory load while still having a dysfunctional monopoly supplier.

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Ah yes i agree,but we are talking about a different kind of regulation there. The regulation which OFGEM applies is purely one relating to obtaining customer value and driving down costs. Even on its own website in which it lists its priorities, Safety is not listed as one of them ! It is purely interested in finance.
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