the European Union formally heard and quickly adopted EU Telecom Commissioner Viviane Reding's proposal for a pan-continental telecom regulatory body authorized to enforce structural separation of telcos throughout Europe. This move could officially represent the end of the slowly-dying monopoly era in Europe, though many critics fear that the tough regulatory decisions to be made also will threaten future telecom investment. The ball is now in the court of European telcos, some of whom already have come out publicly against this plan--will they fight or submit?
For more:
- The Washington Post has this late-breaking story
Related articles:
- France Telecom voiced opposition to the Reding proposal last week