One of the principles of regulatory enforcement is that it is easiest to regulate the least mobile and least elastic elements, such as land and physical goods. A second principle is that it’s easier to regulate the element with the fewest providers. Not only can such regulation deal directly with problems that result from market concentration in the provision of the element, but it also provides an indirect regulatory tool to reach other related segments of an industry more easily.
Both of these principles favour, for internet based activities, the choice of the delivery networks as the nexus for regulation.
Eli Noam
Communications - The next decade | Ofcom, 2006
Both of these principles favour, for internet based activities, the choice of the delivery networks as the nexus for regulation.
Eli Noam
Communications - The next decade | Ofcom, 2006
