EU to regulate telecoms

telecomunicationMembers of the European Parliament are pushing for a broader telecom reform to boost competition in the EU. The European Parliament wants to give national regulators new control powers in EU countries which are dominated by very few companies.

It differs from the initial Commission proposal from September 2016, which didn’t mention the necessity to address oligopolies. The position is controversial. Critics argue that giving regulators additional tools could have unprecedented consequences.

The European Parliament’s ITRE Committee is expected to vote on the final position in the upcoming months. The EU will further tighten the grip on big telecom companies, and facilitate competition on the market for smaller player by ensuring a more balanced distribution of market power.