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Regulatory Challenges and Opportunities in the New ICT Ecosystem

image of Regulatory Challenges and Opportunities in the New ICT Ecosystem

The hallmark of the new ICT ecosystem is ever deepening interconnectivity. Everything is connected to everything else and more so every day. New forms of regulatory cooperation across industries and across the globe are the only way to ensure that the positive dimensions of the new ICT ecosystem are enjoyed by consumers who are assured protection against its negative potential.

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Conclusions

In conclusion, governments and sector regulators need to find a balance between maximizing the benefits of the disruptive app economy in the new ICT ecosystem and securing optimal policy and regulatory objectives designed to address potential and actual negative consequences such as abuse of market power, abuses of consumer rights, and loss of local content production. Such a balance will optimise sector-specific regulation and create an enabling environment that contributes to innovation and investment.

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