Regulation for the Digital Age
Technological and economic realities are moulding the design and impact of telecommunications regulation. This course is designed to give delegates a good knowledge of telecoms regulation and how regulation shapes technological developments and vice versa.
This intensive four-day course is intended for those working in regulation, both those who are highly specialised or relatively new to it; additionally, those working in the telecommunications industry that need to understand the importance and power of regulation in the industry and to respond flexibly to the challenges that it presents. The course concentrates the economics of regulation and the challenges posed by next generation technologies. It examines the political, economic and technical principles that lie behind regulation and draws upon the varying needs and experiences of actual regulatory environments around the world. Regulatory strategy and its commercial impact will be considered by examining the development of example national regulatory organisations, along with a regulatory road map.
Many of the sessions will be based on case studies to show how regulators apply regulation in real case. Delegates will participate in a case study which will lead them through building a regulatory strategy and work plan for an idealised small country and consider how this strategy and work plan will impact the commercial strategies of various market players.
There are no pre-requisites for this course, in particular no understanding of economics is required; however a basic understanding of the telecommunications industry would be an advantage. Delegates should be prepared to tackle an analytical approach to regulation.
Why shoud you attend this course?
Participants will develop or be able to:
- Understand why and where regulation may be imposed
- Have a basic mastery of the economics of regulation
- Explain what happened in specific cases around the world
- Appreciate the distinctive characteristics that affect regulation of networks utilising different technologies
- Identify anti-competitive behaviour and assess then likelihood of regulatory intervention
- Understand the technical and economic principles of regulatory design including the regulation of telephony and broadband interconnection
- Describe how radio spectrum may be allocated and assigned and the institutional methods by which this may be achieved
- Describe the main regulatory instruments and when and where they may be applied
- Set out simple a regulatory strategy
- Identify how regulatory strategies and policies will affect different operators
- Why regulate?
- Regulatory Institutions and the Process of Regulation
- Managing Competition (1): Market Definition
- Managing Competition (2): Market Power
- Abuse of Dominant Position
- Managing Competition (3): The Regulator’s Power to Impose Remedies
- The Regulatory Function
- Compliance: Cost or Opportunity?
- Developing a Regulatory Strategy
- Price Regulation
- Cost Models
- Regulation of Next Generation Networks
- Regulating Radio Spectrum
- Business Simulation