TELECOMMUNICATIONS: CRISIS DOES NOT JUSTIFY LAX COMPETITION POLICY, SAYS MONTI.
| Position | Competition Commissioner Mario Monti - Brief Article |
Speaking in Naples on October 14, Competition Commissioner Mario Monti insisted the crisis rocking the telecommunications sector does not justify a relaxation of competition policy. "I do not believe that when a sector is experiencing difficulties, regulators and competition authorities should relax their controls", said Mr Monti, adding "certain commentators appear to believe that competition authorities should hibernate during economic winters and only re-emerge once spring has returned...
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