A regulator’s “goodness” is defined by four fundamental traits: Omniscience; Solomonic Wisdom; Clairvoyance; and Righteousness.
Regulatory Reform in Ontario
Successes, shortcomings and unfinished business.
particularly important in mergers between very small distributors, which are still prevalent in Ontario. Thus it should not be assumed that mergers are exclusively devoted to realizing O&M efficiencies.