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INTERMEDIA

WEIGHING UP MARKET POWER

14.09.2017
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By Francesco Liberatore

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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The European Union’s significant market power (SMP) regime is a world benchmark, but is now under review. FRANCESCO LIBERATORE considers whether it needs fixing – or is still good to go.

Intermedia Issue:
Vol 45, Issue 03
Issue Date:
September 2017
Region:
Europe
Francesco Liberatore Francesco Liberatore Partner, Squire Patton Boggs (UK) LLP; Chair, IIC Brussels Chapter

Vol 45, Issue 03 Features

EDITORIAL 14.09.2017
ARE WE LOSING CONTROL? 14.09.2017 Robin Mansell
IT’S ALL POLITICAL 14.09.2017 Marc Beishon
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