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New GSMA Study Charts Course to Reset Competition Policy for Digital EcosystemsThe GSMA (News - Alert) today launched the report "Resetting Competition Policy Frameworks for the Digital Ecosystem". The global study, prepared for the GSMA by Competition Economists Group, provides a detailed analysis of the current principles and processes that govern today's digital markets, and argues that policy makers should review and update their competition and regulatory frameworks to create an environment that will facilitate long-term, sustainable competition and encourage innovation. "The global economy is undergoing a major transformation, and the rapid take-up of technologies including mobile communications, digital platforms, big data, cloud computing and social media are changing the nature of the products and services, and the ways people interact," said Mats Granryd, Director General, GSMA. "This transformation is disrupting existing business models and industries, while offering substantial potential to enrich lives and raise living standards for citizens around the world." Highlighting the versatility of competition law, the report outlines a number of recommendations for policy makers:
"Competition policy in Europe is based on sound principles that have been effective for many years," continued Granryd. "However, the evolution of the digital economy has created new dynamics that require a reset of some elements. Action in these areas will ensure a sound basis for ongoing competition, investment and innovation to the benefit of European consumers." The report is available for download at http://www.gsma.com/publicpolicy/resetting-competition-policy-frameworks-for-the-digital-ecosystem. -ENDS- About the GSMA The GSMA represents the interests of mobile operators worldwide, uniting nearly 800 operators with almost 300 companies in the broader mobile ecosystem, including handset and device makers, software companies, equipment providers and internet companies, as well as organisations in adjacent industry sectors. The GSMA also produces industry-leading events such as Mobile World Congress (News - Alert), Mobile World Congress Shanghai and the Mobile 360 Series conferences. For more information, please visit the GSMA corporate website at www.gsma.com. Follow the GSMA on Twitter (News - Alert): @GSMA and @GSMAPolicy.
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