Why do we need regulation? What goals does the regulation aim to achieve? Texas has a deregulated electricity market. When the demand for electricity far exceeds the supply during the power outage, the market price for electricity can reach astronomical heights. As power resumes for most of Texas, some households face exorbitant utility bills. This is directly related to the discussion of regulation. why do we need regulation? What goals does the regulation aim to achieve?

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Regulation is necessary to ensure fairness safety stability and efficiency in various sectors of the economy including electricity markets The goals o... View the full answer