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Who defines a new market when a new technology or service is launched?

April 26, 2017defines market service Technology

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Who defines a new market when a new technology or service is launched?

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Regulation under the current EU telecoms rules is based on competition law principles. In practice, this means that whenever a new technology is introduced, the national regulator has to analyze whether this technology is used to provide services comparable to existing services or whether this technology provides a totally new service (one that is clearly distinguishable from existing services or products). Only in the second case can regulation of a new market be justified.