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5) Telecommunications is one sector where the changes have been disruptive and innovative. It is said that these disruptions and innovations have created fluidity in the definitions of market, monopoly and the concept of dominance. In this light, do you think there is a need to take a fresh look at prevailing regulatory Acts if regulators are to be effective in the markets of the future? Analyse.

Topic: Effects of liberalization on the economy, changes in industrial policy and their effects on industrial growth

5) Telecommunications is one sector where the changes have been disruptive and innovative. It is said that these disruptions and innovations have created fluidity in the definitions of market, monopoly and the concept of dominance. In this light, do you think there is a need to take a fresh look at prevailing regulatory Acts if regulators are to be effective in the markets of the future? Analyse. (200 Words)

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