Which One of the Following Is Not a Feature of UK

Which one of the following is not a feature of UK regulation?

A) Each regulatory body is responsible for just one industry.
B) The system of regulation is discretionary, with the regulator able to judge individual examples of the behaviour of the industry on their own merits.
C) All pricing decisions in the regulated industries are subject to regulation.
D) Price regulation takes account of cost increases beyond the control of the industries.
E) If there is no agreement between the regulator and the industry when reviewing price- setting formulae, an appeal can be made to the Competition Commission for settlement of the dispute.