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Aspects of Market Structure

In: Restructuring Telecommunications

Author

Listed:
  • Peter Curwen

Abstract

It may be asked at this juncture why telecommunications markets in the EU developed structures containing the strong elements of monopoly that current liberalization plans are set to remove. Clearly, to some extent, this was bound up with the historically almost inevitable and, in many member states, enduring relationship between telecommunications and pre-existing postal services which were themselves a state monopoly (Carmo Seabra, 1993, p. 293). Furthermore, as undertakings entrusted with the operation of services of general economic interest, national TOs were exempted from the competition rules of the Community. However, the standard response was recourse to the ‘natural monopoly’ argument.

Suggested Citation

  • Peter Curwen, 1997. "Aspects of Market Structure," Palgrave Macmillan Books, in: Restructuring Telecommunications, chapter 4, pages 35-38, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-37545-1_4
    DOI: 10.1057/9780230375451_4
    as

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