Regulation in telecommunications industries

stment and spin-offs for the economy as a whole. However, many governments have found that competition in telecommunications can bear good results only if appropriate regulatory institutions are functioning effectively. Consideration of advantages and disadvantages of specific regulatory policies raises questions on why regulate, what to regulate and how to regulate. Why Regulate Telecommunications? There are different approaches trying to answer this question, but basically they are split into two views: whether government should regulate actively or intervene only in case of “market failur