ECB REPORT
April 1st, 2001
BY KEITH NUTHALLTHE EUROPEAN Central Bank has concluded that the liberalisation of the EU telecommunications markets has contributed to a sharp cut in prices and that planned additional reforms are likely to make European charges cheaper still; it also concludes that reforms are likely to harmonise future electricity prices.In a report 'Price Effects of Regulatory Reform in Selected Network Industries,' the bank said: "Reforms...have resulted in substantial decreases in consumer prices for telecom products since 1998, amounting to 9.9 per cent" in countries using ...
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