What is it meant by regulator creep?

Regulator creep refers to the gradual expansion of regulatory authority or oversight beyond its original scope or intent. This phenomenon can occur when regulatory agencies extend their powers or impose additional rules, often in response to perceived risks or public pressure. Over time, this can lead to increased compliance burdens for businesses and may stifle innovation. Essentially, it highlights the potential for regulations to evolve in ways that may not align with their initial purpose.