What's wrong with competition policy in new media

The current European consensus on competition in communications is based on ashared vision of contemporary market and technological developments. Roughlystated, the position, outlined in the 1994 Bangemann Report and the 1997 EuropeanGreen Paper on Convergence (Marsden and Verhulst 1999, Blackman, 1998), claims thefollowing:B Due to the ''end of spectrum scarcity'' and the convergence betweentelecommunications, computing and broadcasting, much of the sector specificregulation that encumbers the communications sector can be gradually removed.B Where previous technological constraints made some