Technical Progress, market Evolution and the Regulation of the Electronic Communications Sector in the EU

P. Richards

Competition and Regulation in Network Industries, 2007, vol. 8, issue 2, 165-215

Abstract: The Paper explains the origin of market-based regulation in the EU and the issues arising from defining economic markets under innovation and network convergence. This market-based approach will remain appropriate for downstream applications such as business connectivity where fixed and wireless platforms are largely complementary but will come under increasing strain for mass market services where rival platforms exist for the delivery of entertainment services. Regulatory approaches such as those based on pre-defined 'bottlenecks' have the suggestion of comparative simplicity but in practice do not enable a clear application of proportionate regulation absent an associated market review. In the future more attention will need to be given to the characterisation of downstream markets and a clearer distinction between the requirements of mass market consumers and businesses.

Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:sen:journl:v:8:i:2:y:2007:p:165-215

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