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Are Regulators Agents of Social Change? Cosmo Graham Centre for Consumers and Essential Services www.le.ac.uk
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Introduction – the argument Regulation as economic regulation Widening the agenda –Blurring responsibilities Equality and human rights Issues going forward –The regulatory space –Who is responsible? –Accountability
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The privatisation settlement – principles Independent regulators Economic regulation –Price control, promoting competition –Social/environmental issues secondary Limited accountability
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The privatisation settlement - practice Independence –Numerous government powers –Informal influence Economic Regulation –Text of legislation –Disconnections Accountability –Process model
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The widening agenda - I Utilities Act –Social and environmental obligations –Guidance and powers Communications Act –Citizens and consumers Financial Services and Markets Act –New objectives –Financial capability
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The widening agenda - II Social tariffs –From voluntary to compulsory? Sustainability –Water charging review “We’re in charge” –Putting Railtrack into administration
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Equalities and human rights The Equality Bill –Socio-economic disadvantage –Elimination of discrimination Social and economic rights? –Essential services as rights based?
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Going forward The regulatory space –Europe, the devolved governments, new NGOs Responsibilities Accountability –A problem for government? –A new role for the CAT? Regulatory court? –Parliament –Consumers
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