The emergence of new technologies forces policy makers to decide whether the existing legal and regulatory framework is appropriate or whether a different approach might better realize their potential benefits for society. While there is broad agreement on the desirability of competition in...

5G wireless services will constitute an integral part of the future gigabit communication network infrastructure. Policy makers worldwide are striving to design legal and regulatory frameworks that best support 5G services. There is wide agreement that a competitive sector organization is...

This paper describes and critically comments on this transformation of the theoretical underpinnings of practical regulation in the U.S. and assesses its relevance for other nations and regions. The next section provides a brief historical review as to how investment and innovation issues were...

Mobile termination rates (MTRs) have been an important issue for regulators and operators in the telecommunications industry. Most regulators, especially the European Commission (EC), have tried to cut MTRs using cost-based regulation in the belief of improving social welfare and encouraging an...