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Weighing up market power

Weighing up market power

It has been 15 years since the EU aligned the definition of significant market power (SMP) to the concept of dominance under EU competition law. Since then, SMP has been a cornerstone for the imposition of telecoms access and interconnection regulation in the EU. Under the SMP regime, national regulatory authorities may only impose and keep certain obligations (such as access and interconnection price caps) on operators holding single or collective SMP in a relevant market.

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