Jump to ContentJump to Main Navigation
Internationalisation and Economic Institutions:Comparing the European Experience$
Users without a subscription are not able to see the full content.

Mark Thatcher

Print publication date: 2007

Print ISBN-13: 9780199245680

Published to Oxford Scholarship Online: September 2007

DOI: 10.1093/acprof:oso/9780199245680.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2019. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 16 December 2019

British Telecommunications: From Laggard to Leader

British Telecommunications: From Laggard to Leader

(p.159) 8 British Telecommunications: From Laggard to Leader
Internationalisation and Economic Institutions:

Mark Thatcher (Contributor Webpage)

Oxford University Press

This chapter argues that Britain followed its own distinct route to reform in telecommunications, in similar fashion to securities trading. Despite large-scale failures of supply, arising in part because of transnational technological and economic developments, only limited changes were introduced in 1969 and thereafter inertia reigned. This position altered dramatically in the 1980s. A determined government pushed through privatisation of the incumbent operator, British Telecom, ended its monopoly and transferred important regulatory powers to a newly created independent sectoral regulatory agency. The policies were initiated for domestic reasons, but thereafter examples of institutions in the US were used selectively to legitimate new arrangements. Hence, as in securities, the US example was important in the policy process but EU regulation played very little role in British decisions.

Keywords:   British Telecom, institutional reform, privatisation, monopoly, legitimation

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .