The GATS and new rules for regulators
Lee Tuthill
Telecommunications Policy, vol. 21, issue 9-10, 783-798
Abstract:
The liberalization committed in February by 69 governments in the World Trade Organization (WTO) negotiations on basic telecommunications offers yet another catalyst to the sector's rapid global transformation. Telecom regulators need now to fully appreciate their scheduled market access, national treatment and regulatory commitments as well as the rights and obligations in the Services Agreement. MFN treatment, for example, is a vital but often ill perceived obligation. The fundamentals of the multilateral system are progressive liberalization, non-discrimination, transparent, reasonable and objective regulation, safeguards on competition, and a fair degree of flexibility. Mastery of the rules is indispensable, not only because of the benefits they impart but also because they are legally binding and enforceable.
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