Since 2001, I have been a Commissioner with the
NARUC is - like
In my home
When Are Regulators Required? The Reasons for Regulatory Intervention
We are here today because technology is doing what it has always done - evolving. In this latest evolution, which has been underway for quite a few years now, networks are migrating away from circuit-switched voice and data services to IP-based service.
But during this transition, like the previous technology evolutions of the network, it is crucial for
The reasons why regulatory oversight remains necessary never changes regardless of changes in technologies used to provide a service. That is why NARUC has for years consistently urged
No regulator or legislator should be intervening in the market to put a thumb on the scale to favor one technology over another. The market should make those choices. Sometimes a technology can engender new problems. n2 But the basic reasons why public service commissions and agencies like the
And there are only two.
First, we regulate where competition n3 is not vigorous enough to adequately protect consumers. Where competition is sufficient to protect consumers and insure market choice and innovation, then there is little need for regulatory oversight.
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