Economic Regulation Overview
The Directorate of Economic Regulation is responsible for guiding the Authority on rates and tariffs depending on the nature of the regulated sector. Work in this regard is guided by tariff frameworks and guidelines relating to the parameters of the Authority’s intervention. Some of these interventions cut across both wholesale and retail markets. In addition to its tariff setting role, the directorate is responsible for performing relevant economic and financial analyses as it relates to the sectors/entities under the Authorities purview especially in terms of reviewing licenses. Furthermore, issues relating to investment plans to be considered for entry into any markets and monitoring investments in regulated sectors are under the ambit of the directorate. The directorate is responsible for monitoring competition related matters in both an ex-ante and ex-post manner through market definition assessments and relevant significant market power determinations.