Question: What methods, mechanisms, tools, and techniques do regulatory agencies use to achieve outcomes that benefit consumers or society more broadly? (name at least four) What

What methods, mechanisms, tools, and techniques do regulatory agencies use to achieve outcomes that benefit consumers or society more broadly? (name at least four) What determines the scope of their oversight responsibilities? How do regulators address the cost impacts to the companies they impact? Pick two regulators and provide an example of a best practice outcome and one where you think they have 'missed the mark'.

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