• Login
    View Item 
    •   Home
    • Massey Documents by Type
    • Theses and Dissertations
    • View Item
    •   Home
    • Massey Documents by Type
    • Theses and Dissertations
    • View Item
    JavaScript is disabled for your browser. Some features of this site may not work without it.

    Toward competition in New Zealand telephony : for the degree of Master of Arts in Economics at Massey University

    Icon
    View/Open Full Text
    01_front.pdf (1.988Mb)
    02_whole.pdf (31.17Mb)
    Export to EndNote
    Abstract
    Dramatic changes have occurred in the telecommunications sectors of most industrialised countries over the past decade. So too have their regulatory and government policy environments in the worldwide trend towards deregulation and open competition. The New Zealand market is now claimed to be the most deregulated, open, and competitive in the world with all government-imposed barriers having been removed. An economist's Utopian vision for telecommunications would be a set of highly competitive markets, subjected to very minimal interference, to enable the full impacts of technological change or demand variation to be reflected in market adjustments. Ideally, telecommunications would be a dynamic and demand-responsive industry subject only to the restrictions of capital and consumer markets. Progress towards a fully competitive telecommunications industry was never anticipated to be simple. The effectiveness and appropriateness of New Zealand's general competition legislation, namely the Commerce Act 1986, has regularly been called into question. One is often reminded of the Commerce Commission’s gloomy conclusion in 1992 that reliance upon the Commerce Act "may be of some help - but of a protracted, expensive and uncertain kind, and with definite limitations on its scope" (Commerce Commission, para. 437, 1992). The battle towards open competition in New Zealand telecommunications has clearly been impeded by the application of 'light-handed' regulation with primary reliance on the country's general competition legislation. New Zealand's experiences provide valuable lessons for other countries, in particular, the danger of placing too heavy a reliance on the judicial system operating under the country's general competition legislation, as industry regulators. In New Zealand, competition has become something akin to an ideology - a complete faith that if a market is structured so as to involve multiple participants, competitive conduct will result to bring about superior, efficient performance. We can but hope, that as competition becomes more widespread in all telecommunications markets, its real benefits in terms of overall economic efficiency, will indeed accrue to all sectors within society.
    Date
    1995
    Author
    Roddick, Anjanette Sarah
    Rights
    The Author
    Publisher
    Massey University
    URI
    http://hdl.handle.net/10179/6373
    Collections
    • Theses and Dissertations
    Metadata
    Show full item record

    Copyright © Massey University
    | Contact Us | Feedback | Copyright Take Down Request | Massey University Privacy Statement
    DSpace software copyright © Duraspace
    v5.7-2020.1-beta1
     

     

    Tweets by @Massey_Research
    Information PagesContent PolicyDepositing content to MROCopyright and Access InformationDeposit LicenseDeposit License SummaryTheses FAQFile FormatsDoctoral Thesis Deposit

    Browse

    All of MROCommunities & CollectionsBy Issue DateAuthorsTitlesSubjectsThis CollectionBy Issue DateAuthorsTitlesSubjects

    My Account

    LoginRegister

    Statistics

    View Usage Statistics

    Copyright © Massey University
    | Contact Us | Feedback | Copyright Take Down Request | Massey University Privacy Statement
    DSpace software copyright © Duraspace
    v5.7-2020.1-beta1