The right policy mix

摘要

Regulators everywhere face challenges. While the challenges vary depending on the country and market concerned, on a more general basis I believe that the main challenge which regulators (including the European Commission) face is to find the right policy mix: a sound regulatory framework which combines the strength of free market forces with targeted legislative measures that lead to market liberalisation, more competition and create incentives for further investments and innovation.rnThe Single Telecoms MarketrnIn Europe we have been talking about the completion of the Single Market since 1992 and more recently about the building of a Single Telecoms Market. The completion of a Digital Single Market, that encompasses the 27 EU Member States and eliminates all borders for online services, is thus a very specific important regulatory challenge for the European Commission. Looking at the construction work done so far, I still see many 'bricks' which are missing.