Hi Bram, I didn't know of this approach to pre-regulatory assessment, but it seems to me to a be very reasonable, with of course, the caveat being how the "market share analysis" is carried out.
Has there been any move to look at the Microsoft quasi-monopoly on Operating Systems within this context and if not, are you aware of why this hasn't happened. Best, MG -----Original Message----- From: Bram Dov Abramson [mailto:[EMAIL PROTECTED]] Sent: July 8, 2002 1:24 PM To: [EMAIL PROTECTED]; canfutures; Cpi-Ua@Vancouvercommunity. Net; [EMAIL PROTECTED]; Futurework@Scribe. Uwaterloo. Ca Subject: Re: [CPI-UA] FW: TELECOM SECTOR MAY FIND PAST IS ITS FUTURE The European Commission's approach is to have imbued the term "Significant Market Power" with a specific regulatory meaning. As I understand it, any firm with SMP in certain markets within a given sector -- telecom, in this example -- is to be regulated. If so, then a constant process of reexamining market definitions and conduct market share sizing analysis therefore becomes a basic regulatory function, and that function -- in essence, measuring the state of competition -- becomes permanent rather than "subject to [condition x]". For example, where the regulator forebears from regulating a given sector, it continue to monitor the state of competitor in that sector, in order to know beforehand if ever forebearance should cease to be appropriate in its judgement. That's a very broad-brush description, and it leaves many details open ... as indeed it should. But it sounds like you're advocating something similar? cheers Bram