Government regulators or deregulators
“Regulation refers to controlling business through laws passed by the government. To protect the interests of consumers, government institutes regulatory laws.” (oureverydaylife.com, 2017)
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“When the government deregulated the intent is to give these industries more power to build the economy and reduce the cost of government subsidies, and ultimately give consumers more benefits through competitive pricing and better quality products and services.” (oureverydaylife.com, 2017)
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In Colombia, the role of the state in regulating monopolistic or oligopolistic activity has been of bening neglect. The government have been traditionally more active in regulating financial markets and in controlling the activities of mergers and large shareholders of publicly-held stock corporations than in regulating economic or market power by the private or state owned companies.
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For every single Company is important to take into account how the government is regulating the continous activities in the industries, so that way the organizations knows how to apply the rules and laws that are needed for each niche.
Sources:
http://oureverydaylife.com/regulation-deregulation-6089.html