The GSMA mobile association has published a report that calls for a reform of competition policy and regulatory frameworks for digital markets. It is the latest action in an ongoing lobbying campaign aimed at overhauling what it sees as outdated regulatory thinking. The report, “Resetting Competition Policy Frameworks for the Digital Ecosystem”, argues that policy makers should review and update their competition and regulatory frameworks to create an environment that will facilitate long-term, sustainable competition and encourage innovation.
The report includes 15 recommendations for change, but you are likely going to need a Masters Degree in telecoms regulator (if such a thing exists) to make sense of it all. They cover market definition and power, the total welfare standard, institutional arrangements, and ex ante and ex post regulation. It goes without saying that this is a must read for those of you of a regulatory frame of mind.
There are numerous regional case studies that detail all aspects of competition and regulation, much of which refers to mergers and acquisitions in the mobile sector. Plenty of coverage is also given to the new business models that have arisen from the so-called OTT internet companies, whose services are still perceived as a threat by the majority of telcos. The two-sided business model is there, next to the even more mind-bending multi-sided model, along with “free” services designed to gain significant market share for new entrants.
Full Content: GSMA
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
FCC Set to Reinstate Net Neutrality Rules Today
Apr 25, 2024 by
CPI
Chamber of Commerce Sues to Overturn FTC Non-Compete Ban
Apr 24, 2024 by
CPI
FTC Chief Warns of Healthcare Price Fixing Risks Amid Tech Advancements
Apr 24, 2024 by
CPI
Amazon’s Investment in Anthropic Faces Antitrust Scrutiny
Apr 24, 2024 by
CPI
Italian Antitrust Authority Fines Amazon €10 Million for Unfair Trade Practices
Apr 24, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI