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Telecommunications Regulatory Issues for Electronic Commerce

image of Telecommunications Regulatory Issues for Electronic Commerce

The eighth Colloquium examined the role that the telecommunications policy maker and regulator could most usefully play in the development of electronic commerce. While there is an already enormous and growing literature on e-commerce, relatively little attention has been paid to the link between e-commerce and telecommunication regulation. In addition, relatively little attention has been paid to providing guidance to telecom officials in developing countries on this link. The analysis in this Briefing Report is intended to help fill this gap.

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Executive summary

Market Trends and Perspectives. Electronic Commerce is a new term for old activities being done in new ways. As long as communications networks have been around, they have always been used to their fullest capability by entrepreneurs to create business opportunities. As advanced telecommunications and computer technologies have taken hold in recent years, they have moved to the center of the international economic infrastructure. Most prominently, the meteoric rise of the Internet and the World Wide Web has accelerated the transformation of global commerce, allowing for instantaneous, inexpensive contact among sellers, buyers, investors, advertisers and financiers anywhere in the world. The rapid integration of Internet and other telecommunications-based functions into nearly every sphere of business is what has given rise to the recent international focus on the new world of electronic commerce.

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