Managing structural changes_Fuke - 日本の公益事業.ppt

Sept. 5, 2004 ITS2004　?　H FUKE Managing Structural Changes in Telecommunications Discussions Structural Changes in Telecommunications Progress of Competition Diffusion of the Internet Cellular　?　Decline of POTS Is Traditional Justification for Regulation (‘Market Failure’) Still Valid ? Existence of Undertakings with Market Power Asymmetric Information Between Consumers Undertakings Network Externality Restructuring of Regulatory Policy Outline of Presentation Privatisation of NTT and Introduction of Competition in 1985 Competition And Regulatory Policy Development of Competition and Revision of TBL and NTT Law Structural Changes in Telecommunications Revision of Regulatory Framework Conclusions Privatisation of NTT and Introduction of Competition in 1985 Total Liberalisation of Telecommunications Market in 1985 Telecommunications Business Law (TBL) Nippon Telegraph Telephone Corporation Law (NTT Law) Competition And Regulatory Policy (1) Classification of Carriers into Type 1 Type 2 (Table1) Unregulated Type 2 Carriers Excessive Regulation on Type 1 Carriers Entry Demand-Supply Coordination Subdivided Business Areas Tariff Regulation Approval of the Minister : Every Type 1 Carriers Regardless of Market Power Table 1 Type 1 Type 2 Carriers Competition And Regulatory Policy (2) Lack of Interconnection Rules Ambivalence between ‘Conduct Regulation’ or ‘Structural Separation’ Persistent Discussions on NTT Divestiture Patchwork-like Revisions of TBL Development of Competition and Revision of TBL and NTT Law (1) Tariff Deregulation (1998) NTT Local Services Price Cap Others From Approval to Notification Entry Regulation (1997) Abolishment of Demand-Supply Coordination Clause Permission System for Type 1 Carriers Maintained Interconnection Rules (1997) Development of Competition and Revision of TBL and NTT Law (2) Reorganisation of NTT Under a Holding Company Structure (1999) Compromise between ‘Fair Competition’ and ‘Rational Operation of NTT’ Introduction of Fo