Regulatory economics in new telecom markets: US and European perspectives

As part of the Fourth LSE Network Economy Forum, held on 25 March 2013, Johannes Bauer presented a keynote on regulatory economics in new telecom markets. This post addresses Johannes’s key points on how the definition of telecom vs information services affects the competitive landscape in Europe and the US, and what necessary data needs to be gathered for an effective regulatory regime. The author outlines the extent to which regulatory theory and policy are in need of reorientation.