Although there would be little direct competition for business between operators, their performance--in reducing costs per passenger mile, say--would provide information that a regulator could use when setting price caps.

ECONOMIST: The end of the tunnel

The report recommended the creation of new social enterprise landlord with a leasehold interest in housing executive stock, a new strategic housing authority which would own and control the stock, and an independent housing regulator responsible for rent setting.

BBC: Social Development Committee

They had found a way to tack votes on a new press regulator onto other government bills setting up, for example, a National Crime Agency or a new law on defamation.

BBC: Press law - So why did he do it?