2002 Trends in Telecommunication Reform 2002

Effective Regulation

image of Trends in Telecommunication Reform 2002

The fourth edition of Trends in Telecommunication Reform is dedicated to the theme of effective and independent regulation. Since the beginning of the 1990s, the number of regulatory institutions has increased from 13 to more than 110, with many of them having been created in the past five years. But merely creating a regulatory body without empowering it to be effective is not enough. The report looks at the need for regulators; the process of creating a regulator; definitions of independence; why effectiveness may be more important than independence; powers and functions of the regulator; transparency in the decision-making process; organizational structure and finance issues. It is structured into nine chapters.



Specific regulatory functions

The transformation of telecommunication markets and technologies in recent years has resulted in numerous changes in the types of functions performed by regulatory authorities and in the way those functions are performed. In some cases, regulators’ workloads have decreased. Regulators in Canada and the United States, for example, devote far less time to regulating prices than they used to. Market forces have provided the pricing discipline that was formerly exercised by federal, state and provincial regulators in those countries.


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