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Overview
The telecommunications industry is in the throes of rapid technological and regulatory change. Markets for terminals and services have been liberalized, and only the provision of networks has remained under the control of national operators. This book analyses from an economist's point of view the benefits which may be expected from the introduction of network competition in Europe, and describes how competition can be reconciled with social objectives. The author discusses the convergence of broadcasting and telecommunications, network competition, policy in Europe and the USA, the European Commission's approach, and a strategy for network competition in Europe which takes into account both the latest developments and the characteristics of the European environment.