Liberalization and Regulation in the Telecommunications Sector. The Economic Background
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...| Link(s) zu Dokument(en): | WIFO Publikation |
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| Veröffentlicht in: | Austrian Economic Quarterly |
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| Format: | article |
| Sprache: | Englisch |
| Veröffentlicht: |
1996
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| Zusammenfassung: | 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. |
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