Controlling Market Power: Balancing Antitrust and Sector Regulation in Telecoms
Author: Michel Kerf, Isabel Neto, and Damien Géradin Date: 6/1/2005 (PDF, 200KB)
Among the countries fully liberalizing their telecommunications sector, some have chosen to rely mainly on sector-specific rules, often applied by sector-specific institutions, while others have depended on economywide antitrust rules and institutions to control market power. This Note describes the choices made by five notable reformers: Australia, Chile, New Zealand, the United Kingdom, and the United States. Drawing on their experiences, it then assesses whether antitrust or sector-specific processes have dealt more quickly and effectively with key regulatory issues.