Article: The EU regulatory framework for electronic communications: relevance and efficiency three years later.

Abstract: In 2002 the European Union implemented a new regulatory framework to oversee electronic communications services and networks across Europe. Three years down the line, the multiplicity of players and the quasi-contractualisation of their relations through the Framework Directive have complicated European regulatory governance structure. Is the implementation of the new regulatory framework relevant and efficient? This paper uses transaction costs to try and find an answer to this question.

Key words: Regulatory governance structure, transaction costs and temporal specificity.

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Three years ago the European Union implemented a ...

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