parts of the industry should be subject to regulation, and (iii) the recent cases in the telecommunications and postal …The paper discusses the respective roles of competition policy and sector-specific regulation for industries such as … telecommunications, electricity, and gas, in which network infrastructures that are natural monopolies serve as essential facilities for …

Theoretical models based on the assumption that telecommunications is a natural monopoly no longer reflect reality. As … a result, policymakers often lack the guidance of economic theorists. Competition in Telecommunications is written in a … reader who is unfamiliar with current issues in the telecommunications industry. The following sections focus on four central …