Keys to regulatory modernisation in Latin America

Future-proof regulatory frameworks to strengthen the digital ecosystem

 

In recent decades the two technologies responsible for changing people’s lives have been mobile communications and internet; initially developed in parallel, they are now converging on the same path. Regulatory frameworks need to consider the dynamism of the ecosystem.

A future-proof regulatory framework is one that is functionality-based, seeks to achieve its objectives in the most efficient way, is dynamic, and can accommodate constant changes based on performance, ex post; it also evaluates legacy frameworks and even rethinks the need for digital ecosystem regulation.

Future-proof regulatory frameworks will reduce asymmetries and regulatory discrimination and, even more importantly, promote competition and innovation through stable frameworks that encourage investment in the digital ecosystem.

The new digital ecosystem is made up of multiple players, which alters market dynamics and competition.

 


Source:Resetting Competition Policy Frameworks for the Digital Ecosystem

Programme aims to review existing regulation, understand its inefficiencies and promote a new approach, making specific public policy recommendations for selected countries. We accompany public policy makers and promote dialogue with them to find the path towards “fit-for-digital” policies and institutions.

ARE REGULATORY FRAMEWORKS FUTURE READY?


PROMOTE CONVERGENCE

Maximise the benefits of convergence by removing artificial barriers.

REMOVE BARRIERS TO DEPLOYMENT

Extend coverage by removing municipal barriers.



ENHANCE USER EXPERIENCE

Encouraging competition in quality of service will enhance user experience.

REMOVE DISTORTIVE TAXATION

Remove sector-specific taxes to allow greater affordability and universality of services.



DRAW UP A CLEAR SPECTRUM ROADMAP

Optimise radio spectrum, a key input for the industry and the development of IoT services.

CREATE A DIGITAL AGENDA FOR THE DIGITAL ECOSYSTEM

Ensure an institutional framework capable of implementing an agenda across the digital ecosystem.

RECOMMENDATIONS FOR THE MODERNISATION OF DIGITAL ECOSYSTEM REGULATION

 

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