Regulatory authorities in the EU information and communications technology sectors: The role of trust and transparency in watching the watchdog
AbstractOur research starts from the general observation that everywhere around the globe, an increasing number of regulatory tasks, traditionally falling under the responsibility of government, are being transferred to so-called independent regulatory authorities (i.e. independent from market actors, but quite often, also from political actors). This is, for instance, the case in the recently liberalized network industries (e.g. energy, railways), but also in the financial or the audiovisual media sector. In some cases (e.g. the electronic communications sector in the European Union), powers attributed to these regulatory authorities even prevent other, more democratically legitimate, institutions, like governments or parliaments, to interfere with the regulatory policy (cf. Judgment 424/07 of the Court of Justice in the German regulatory holidays case of December 3rd, 2009). Especially in that case, the question becomes: who's watching the watchdog? --
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Bibliographic InfoPaper provided by International Telecommunications Society (ITS) in its series 22nd European Regional ITS Conference, Budapest 2011: Innovative ICT Applications - Emerging Regulatory, Economic and Policy Issues with number 52192.
Date of creation: 2011
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Web page: http://www.itseurope.org/
Independent regulatory bodies; regulation; media and communications law;
Find related papers by JEL classification:
- K23 - Law and Economics - - Regulation and Business Law - - - Regulated Industries and Administrative Law
- K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-12-13 (All new papers)
- NEP-LAW-2011-12-13 (Law & Economics)
- NEP-REG-2011-12-13 (Regulation)
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