EU Calls For Creating Single European Telecom Regulator

A single European telecom regulator should replace the existing system of 25 separate national regulators, European telecom commissioner Viviane Reding said Thursday, reports Cellular News.

"Under such a system, Reding said national regulators would continue to analyze their domestic markets, much like national central banks continue to function. But the central European regulator's word would be final, much like the European Central Bank in Frankfurt sets interest rates for the entire single currency zone."

emily | 9:07 AM | News, Buzz |
The Permanent Link to this page is: http://www.textually.org/textually/archives/2006/11/014124.htm