Shaping the Future of Regulators

The Impact of Emerging Technologies on Economic Regulators

image of Shaping the Future of Regulators

The pace and scope of emerging technologies are creating a sea change for governments and for regulators. They challenge economic regulation by blurring the traditional definition of markets, for example, and by transcending administrative boundaries domestically and internationally. At the same time, the digital transformation is an excellent opportunity for regulators themselves to harness the power of data and digital tools to improve regulation and its delivery. Seizing this opportunity will require fit-for-purpose regulatory frameworks and governance arrangements. This report brings together case studies submitted by members of the OECD Network of Economic Regulators that highlight how regulators have analysed and tackled these issues. The case studies span nine countries and a wide range of sectors (communication, transport, energy, environmental protection) and provide concrete examples of how regulators are responding to innovation in the sectors that they oversee.


Lessons from the Regulatory Modernisation Initiative: Case study on the Canadian Transportation Agency (CTA)

Over the past two decades, transportation sectors have been undergoing rapid change in business models and operating practices as a result of factors such as technological advancements and market liberalisation. At the same time, users' (the travelling public and shippers) expectations with regard to transportation services have increased. It is important to ensure that transportation regulators have the appropriate mandates, authorities, and tools to keep up with these changes. The Canadian Transportation Agency's (CTA) Regulatory Modernization Initiative (RMI) was aimed at addressing regulatory issues related to these rapidly evolving standards, practices and technologies. The CTA also leverages co-operative relationships with other federal organisations and international counterparts to address issues where regulatory jurisdictions may overlap.


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