The three-criteria test and SMP: how to get it right
The New Regulatory Framework (NRF), which guides the telecommunications regulation in the European Union (EU) countries, has established a two-step approach for regulating the telecommunications sector. To this end, the so-called Three-Criteria Test (TCT) has been developed to identify those markets that, in principle, might be subject to regulatory intervention. In the proposed paper, we will show that: the current two-step approach shows a strong bias towards excessive regulation; the TCT, as such, can be a useful tool for regulation (and deregulation), if adopted properly. The paper starts from the thesis that the current practice fails to make use of the advantages that could be derived from using the test. Based on an analysis of the regulatory practice in Europe, the paper will show that a different approach would make it possible to considerably reduce the regulatory intervention in the European telecommunications markets.
Volume (Year): 1 (2008)
Issue (Month): 1 ()
|Contact details of provider:|| Web page: http://www.inderscience.com/browse/index.php?journalID==259|
When requesting a correction, please mention this item's handle: RePEc:ids:ijmnec:v:1:y:2008:i:1:p:100-127. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Graham Langley)
If references are entirely missing, you can add them using this form.