Promoting Competition in Telecommunications

  title={Promoting Competition in Telecommunications},
  author={Joseph E. Stiglitz},
There is a growing recognition of the importance of competition for the success of market economies, and of the need for government action both to maintain competition and to regulate industries where competition remains limited. In the area of telecommunications, upon which I shall focus today, we have seen examples where privatization has not delivered on its promises: in some cases access in certain vital areas has actually been reduced. Competition and regulatory policy are vital for a… CONTINUE READING