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Study Finds Regulation Good For Telecom Customers

Posted by ryuzaki0 on from the libertarians-turn-away dept.

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."

2 of 293 comments (clear)

  1. Let me be... by Burning1 · · Score: 0, Redundant

    Let me be the first to say: No shit.

  2. Oooh Oooh! by St0rmwarden · · Score: 0, Redundant

    Someone hurry up and show this article to the New Zealand Government. Maybe I can get a better deal than my 256/128k half-broadband...