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A regulatory remedy for European broadband
Broadband access to the Internet is spreading more slowly than expected in Europe: though pockets of high growth exist, most telecom incumbents and attackers have delayed or canceled their broadband-deployment plans. Faulty business models are responsible for part of the problem, but policy makers and regulators must accept some of the blame, for regulations that have focused too much on low prices have dampened competition and hindered the rapid deployment of the technology.
The take-away: To make it possible for companies to finance the infrastructure improvements broadband requires, lawmakers and regulators must allow local telephone and cable television services to be priced more flexibly.
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