New independent Authorities in Italy: rules, market and consumers
In Italy, the dynamic development of the public regulatory authorities which took place throughout the 1990s was at times chaotic and unmanageable. It was unquestionably marked by haphazard rules, unsuitable for guaranteeing real independence, accountability and transparency. During the last two legislatures, lawmakers conducted studies and drew up regulation to reform the public regulatory authorities. On February 2, the Council of Ministers approved a bill on market regulation and supervision and the rules and powers of the public regulatory authorities.