Answer:
Answers are
-to create fair competition between producers
-to protect consumers' health and safety
-to prevent the formation of monopolies
Explanation:
Regulatory agencies can be explained as different agencies which are created or established through the legislative act for implementing and enforcing standards or laws in a particular field operations.
The different examples of regulatory agencies are
* National Institute of Health
* Environmental Protection Agency
* Nuclear Regulatory Commission
* Center for Disease Control
These regulatory agencies are not limited to the ones mentioned, there are still many of them.
In conclusion, the regulatory agencies are able to exercise autonomous authority.