National Regulatory Authorities (NRAs) are government agencies responsible for overseeing and enforcing regulations within specific sectors, such as telecommunications, energy, and finance. Their primary role is to ensure compliance with laws, protect public interests, and promote fair competition among businesses. NRAs also provide guidance and support to industry stakeholders. These authorities often conduct inspections, issue licenses, and monitor market activities to prevent fraud and abuse. By establishing clear rules and standards, NRAs help maintain the integrity of their respective sectors, ensuring that consumers receive safe and reliable services while fostering innovation and economic growth.