Liberalization and Regulation in the Telecommunications Sector. The Economic Background

Hannes Leo
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Hannes Leo: WIFO

Austrian Economic Quarterly, 1996, vol. 1, issue 1, 27-34

Abstract: The telecommunications sector is rapidly being transformed from a monopolistic market to a market with several suppliers. This change creates opportunities as well as problems. Policymakers face the difficult task of designing a new institutional framework which is able to support a well-functioning competitive market. In particular, regulatory measures are needed to prevent the former monopoly from exploiting the market power that remains even after the industry has become liberalized.

Keywords: Liberalization; and; Regulation; in; the; Telecommunications; Sector.; The; Economic; Background (search for similar items in EconPapers)
Date: 1996
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