The Importance of Liberalisation

Author:  

Publisher: OECD Publishing

ISSN: 1608-0270

Source: SourceOECD Science & Information Technology, Vol.2009, Iss.12, 2009-06, pp. : 30-47

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Abstract

Communication access has undergone tremendous change in recent years, with a great deal of focus on the technological innovations which have accompanied its development. This is understandable, in that technologies such as wireless or fibre optics have dramatically increased capabilities and lowered costs. The role of liberalisation in opening markets to these innovations, however, has only recently been widely accepted. For example, the drive toward introducing fibre optics was created by competition in the long distance telephony market. The rapid development of wireless service, including innovations such as prepaid cards, was driven by competition in mobile communications. The commercial Internet itself is highly unlikely to have emerged in a monopoly environment, let alone have been the source of dynamic innovation it has come to be.