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Light-handed Regulation of Telecommunications—The Unfortunate Experiment

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This article traces the recent history of telecommunications in New Zealand from a Government-owned monopoly to a privately-owned infrastructure having the legal hallmarks of a free market. If, in a small economy, the deregulated utility still owns the local loop, the lesson to be drawn from the New Zealand experience is that it will continue to exercise monopoly power unless there is the political will and a properly funded regulator to curb its worst excesses. A free market in telecommunication services is essential for the early take up of broadband Internet.

Document Type: Research Article


Publication date: 2002-05-01

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