Local view for "http://purl.org/linkedpolitics/eu/plenary/2000-09-06-Speech-3-181"
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"en.20000906.7.3-181"2
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"Mr President, on behalf of my group and all my colleagues I would like to welcome Mr Monti to the House today for what is a very timely discussion on the regulatory regime for telecom, bearing in mind that we are now moving into the very important consideration of the telecom package.
I want to briefly pick up on some of the crucial points that he made. It is quite clear to all of us that the whole world of electronic communications is presenting us with a regulatory challenge, but it is clearly presenting you, Commissioner, and the competition authority with unprecedented challenges, given the speed with which technology is advancing. Many of the ideas related to market share are also changing very rapidly. In the telecom field, it is clear that market share can change hands much more quickly than in some of the major industries that have been regulated in the past.
I was delighted that your approach is to try and avoid putting a brake on innovation by excessively firm controls. That is extremely important. I would like your assurance that you will be developing the expert capability to what is undoubtedly going to be an increasing workload in looking at future mergers.
We understand from the Peers Group report that you are going to be awarded an extra 92 posts. It will be interesting to hear how you envisage your service developing in this direction.
The second point which will come through in our consideration of the telecom package, is that in this very fast-moving world there is concern within the industry and amongst investors that excessively rigid targets in terms of market share thresholds for investigation – and that can be too much or too little in many cases – should not be allowed to inhibit your consideration of areas where there is a genuine competitive issue at stake. Could you perhaps address these points when you respond to our debate later on?"@en1
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