1.1. a Strategy of the Private Entities Self-regulation implies an organization regulating the standards of its members Why should a private organization wish to do this? In some cases, private organizations need regulation, where public regulation does not exist In other cases, private entities just want to avoid public regulation6 1.1. A Strategy of the Private Entities Self-regulation implies an organization regulating the standards of its members. Why should a private organization wish to do this? • In some cases, private organizations need regulation, where public regulation does not exist • In other cases, private entities just want to avoid public regulation