What the Transformation of Telecom Markets Means for Regulation
The author looks at the impact of the changes in the telecommunications industry on regulation. As demand changes, services converge, and new players emerge, the key issue for regulators is promoting competition. The work of regulators is becoming...
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| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/1997/07/441724/transformation-telecom-markets-means-regulation http://hdl.handle.net/10986/11581 |
| Summary: | The author looks at the impact of the
changes in the telecommunications industry on regulation. As
demand changes, services converge, and new players emerge,
the key issue for regulators is promoting competition. The
work of regulators is becoming increasingly complex at the
same time that convergence and the common principles
established in regional and international trade agreements
are reducing their discretion. One way for regulators to
deal with the complexity is to privatize aspects of
regulation-for example, by creating property rights to the
spectrum and by outsourcing some regulatory tasks. But the
specialized telecommunications regulatory agency is probably
a transitory entity that may eventually find itself merged
into a multisectoral antitrust agency. |
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