In the event that any regulation adopted by the commission has been or is being utilized by any person to impede, obstruct or frustrate the purposes of the Act, the commission may by resolution revoke or suspend, in whole or in part, the privileges accorded to such person by such regulation when in its opinion the purposes of the Act will thereby be furthered or effectuated. Nothing contained in these regulations shall, however, abridge any statutory or constitutional right of such person.