Today the European Commission – in
agreement with Member States - decided that two telecom markets should
no longer be subject to regulation in Europe, and that two more should
be redefined to reflect market and technology developments. The rules
take effect immediately.
The two liberated markets are:
a) the retail market for access to fixed telephony; and
b) the wholesale market for fixed call origination.
The Commission will also
redefine two broadband markets, in order to limit regulatory burdens to
what is strictly necessary for competitive broadband access and
investment.
The Commission is increasing its
focus on the distinct needs of business users, to make sure that
competitive connectivity can unleash growth across the economy.
European Commission Vice President @NeelieKroesEU says: "I
am delighted to announce this cut in telecoms red tape. It is the
result of increased competition in telecoms markets and it takes us a
step closer to a real Connected Continent”.
read full article at EU
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