Study Finds Regulation Good For Telecom Customers

jfruhlinger writes "Customers are always better off when government bureaucrats get out of the way and let the market work, right? Well, maybe not in all cases. As described at ITworld.com, a recent study compared the regulatory regimes and telecom environments in various European countries. The study concluded that in countries where regulators had more power to levy fines and punish monopolistic behavior, customers paid less and got more services." From the article: "The report, conducted by Jones Day and Strategy and Policy Consultants Network Ltd., showed that investment in telecommunications, which leads to better services for end users, is lower in countries where there is little competition."

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Re:You're kidding, right?

[Bomarrow1]

True without regulation any company can do almost whatever they want. To keep it even vaugly under control you have to have competition but with out any controls on it one company can raise their price then another will follow almost as if playing catchup with one another to make the most money.

Re:You're kidding, right?

[colganc]

That is just so...sad. I hope to god you're making a joke.

Mod parent up!

[Woldry]

Wish I had mod points. I'd mod you up & "Insightful".