3Competition and Regulated IndustriesTelecommunications
Introduction
In telecommunications liberalisation, we are closer to the nexus between trade and competition than for many network industries because of the large number of private telecoms providers that have already been participating in multiple rounds of both privatisation and liberalisation, but also as a new entrant in privatised markets. A survey of telecoms markets around the world suggests that liberalisation has not always led to competitive markets. Because of the compelling case for privatising telecoms (above and beyond the case for some other utilities such as water), we have far more examples and data on what happens after the privatisation ...
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