Competition regulator

[1] In general it is a government agency, typically a statutory authority, sometimes called an economic regulator, that regulates and enforces competition laws and may sometimes also enforce consumer protection laws.

In addition to such agencies, there is often another body responsible for formulating competition policy.

Many nations implement competition laws, and there is general agreement on acceptable standards of behaviour.

The degree to which countries enforce their competition policy varies substantially.

Regulators may form supranational or international alliances like the ECN (European Competition Network), the ICN (International Competition Network), and the OECD (Organisation for Economic Co-operation and Development).