>>some governments have regulated the telecom market to increase competition.
>Regulation increases barrier to entry and therefore can not possibly increase competition. >Almost all monopolies are the result of government intervention in the market
In the UK regulation was introduced stating that the monopoly phone company had to lease access to customer phone lines to other companies on the same terms as themselves. Since then we've gone from a monopoly DSL provider to having a choice between twenty or thirty providers almost everywhere. I'd call that a regulation which has increased competition.
In the UK regulation was introduced stating that the monopoly phone company had to lease access to customer phone lines to other companies on the same terms as themselves. Since then we've gone from a monopoly DSL provider to having a choice between twenty or thirty providers almost everywhere. I'd call that a regulation which has increased competition.