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

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