Thursday, January 27, 2011

(#10) Regulation, Competition, Consumer Protection

The deregulation policy in the 1990s de-monopolized the telecom industry that allowed entry of new players. This competition resulted in benefits to the consumers because of more choices, lower prices, and better quality of services.

The NTC is the regulatory agency that exercises jurisdiction over the supervision, adjudication and control over all telecommunications services throughout the country. Its mission is to provide an environment that ensures reliable, affordable and viable infrastructure and services in information and communications technology (ICT) accessible to all.

It is mandated to foster a healthy competitive environment in the telecommunications sector; democratize ownership of telecommunications and broadcast services. Likewise, it has the responsibility to deregulate rates when the market is highly competitive and move towards cost-based rates. It’s a good thing that aside from ensuring free competition and fair trade, regulators also focus on consumer protection.

Ma. Luisa Manalaysay

Entry # 10

Source:http://portal.ntc.gov.ph/

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