BEUC , ecta express telecoms regulation concerns
BEUC - The European
Consumer Organisation
and ecta , the
European competitive
telecommunications
association , have expressed
their concerns about the
current discussions on the
future regulatory framework
governing the EU telecoms
sector .
In an open letter , they
say they are worried by
statements made by the
Presidency of the Council
of the European Union and
|
the European Commission following the Informal Telecommunications Council on October 23rd-24th 2023 , which call for a “ review and update [ of ] the regulatory and competition policy paradigm in the electronic communications sector ” along with the announcement of a new legislative proposal , a ‘ Digital Networks Act ’.
“ These statements , when taken together with calls from former monopolist telecoms companies to reduce competition and suggestions to create a few , so-called ‘ European champions ’, are a warning sign for the EU telecoms market ,” they contend .
They suggest that EU telecoms regulation has been a success story for
|
the past three decades . Fair and competitive markets , combined with effective exante regulatory measures , have been the driving force behind investments , positive innovation and consumer benefits in telecoms . This pro-competitive EU legal framework successfully has created a free market for electronic communications , helped overcome national monopolies and ultimately presented EU consumers and businesses with quality and choice at affordable prices .
The resulting diversity of market players , both large and small , has been paramount for encouraging innovation at a time when the EU ’ s economy is digitalising . However , the announced aims of a ‘ Digital Networks
|
Act ’ to enable the creation of “ happy few European champions ” would run contrary to the achievements of the past decades , they argue .
They say the suggested “ paradigm shift ” would have detrimental impacts on competition , on the EU internal market and on consumers ’ interests . It would also undermine the principles enshrined in the European Electronic Communications Code ( EECC ).
They consistently underline that market deregulation and weakening of competition will disproportionately enhance the market power of telecom incumbents over other market players to the detriment of these companies and of consumers .
|
4 EUROMEDIA |