EU: Telecom deregulation good for consumer

December 22, 2005

Telecommunication reforms have led to better services and cheaper prices in Europe, the European Union reported Thursday.

The EU said that reforms in services of general economic interest such as air transport and postal services as well as telecommunications "have produced clear benefits for European consumers in terms of lower prices, choice, and better services."

At the same time, the EU pointed out that progress in deregulation still remains slow and obstacles to ensure market competition remain.

It also stated that "increasing competition in these industries is also key for the member states that joined in 2004 in order to avoid any inflationary pressures resulting from the catching-up process."

Copyright 2005 by United Press International

Explore further: EU open to digital competition: official

Related Stories

EU open to digital competition: official

September 24, 2015

A top European Union official on a tour that includes visits to US technology giants said the EU bloc is open to all players, brushing aside references to "digital protectionism."

Amid China woes, European carmakers look to home market

September 15, 2015

European automakers are shrugging off the threat to sales from China's struggling economy and focusing instead on growing demand in their home market, where competition is getting increasingly fierce, particularly for mass ...

Uber makes waves across Bosphorus with speed boat service

September 29, 2015

First came the cab and then the boat. Only a year after starting operations in Turkey, US ride-sharing giant Uber has launched a boat service across the Bosphorus, transporting people from Europe to Asia with UberBOAT.

Why Europe isn't creating any Googles or Facebooks

September 22, 2015

Micha Benoliel grew up in France and launched his first technology startup there, but he never forgot the atmosphere of adventure and optimism in San Francisco, where he studied in the early 1990s.

Recommended for you

Horn of Africa drying ever faster as climate warms

October 9, 2015

The Horn of Africa has become increasingly arid in sync with the global and regional warming of the last century and at a rate unprecedented in the last 2,000 years, according to new research led by a University of Arizona ...

Scientists paint quantum electronics with beams of light

October 9, 2015

A team of scientists from the University of Chicago and the Pennsylvania State University have accidentally discovered a new way of using light to draw and erase quantum-mechanical circuits in a unique class of materials ...

A mission to a metal world—The Psyche mission

October 9, 2015

In their drive to set exploration goals for the future, NASA's Discovery Program put out the call for proposals for their thirteenth Discovery mission in February 2014. After reviewing the 27 initial proposals, a panel of ...


Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.