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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Article provided by WIFO in its journal Quarterly.
Volume (Year): 1 (1996) Issue (Month): 1 (February) Pages: 27-34 Download reference. The following formats are available: HTML
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