No, the public at large are the stakeholders. The enterprise is the subject of the regulation.
"Stakeholder" literally means someone with a stake in the outcome, which is to say, those who will be affected by the decision. That can include a whole range of people+entities, including citizens (as a group) and the companies to be regulated.
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"Stakeholder" literally means someone with a stake in the outcome, which is to say, those who will be affected by the decision. That can include a whole range of people+entities, including citizens (as a group) and the companies to be regulated.