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Hamlet

Review necessary? No – those persons that come up against a regulatory barrier (needing reform) shall let you know. You may then act or not (take the content filter as an example). Why pay consultants to ponder hypotheticals?

Digital economy (DE) market failure Regulation could and should reform property rights. Tier 1 infrastructure (i.e. fibre and copper to the Node) is a natural monopoly and should be owned by all Australians (i.e. Government) – give up regulating 3rd party access prices and buy it back from Telstra - buy the entire company back just to achieve that if necessary. Tier 2 infrastructure (i.e. fibre and copper from the Node to Houses) should be owned by the Household – regulate to ensure rent seekers are sidelined. Households may insure their fibre for maintenance/ repair or not – it 's their choice – in any case it absolutely costs nothing like $25 to $100 per month to have it maintained and I'm sure eventual insurance rates would back that opinion 100%!

 
Document ID: 94192 | Last modified: 19 December 2008, 4:53pm