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Market Concentration of Telecommunication Industry | Economics

   

Added on  2022-08-24

14 Pages2897 Words18 Views
Running head: ECONOMICS
Economics
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ECONOMICS1
EXECUTIVE SUMMARY
The paper intends to analyse the market concentration of the telecommunication industries of
Australia, UK and New Zealand. It also emphasizes on the other markets, which are affected due
to telecommunication industry. This paper also examines the measures government may take to
control high prices and lower competition. Moreover, it discusses the consequences of these
measures.

ECONOMICS2
Table of Contents
Introduction......................................................................................................................................3
Discussion........................................................................................................................................3
Evaluate and analyse the market structure of the telecommunications industry in the UK,
Australia and New Zealand.........................................................................................................3
Conclusion.....................................................................................................................................10
References......................................................................................................................................11

ECONOMICS3
Introduction
There are various telecom operators in the market of the New Zealand, Australia and UK.
The market structure of the telecommunication industry of the UK, New Zealand and Australia
are taken into consideration in order to analyse the market concentration. They are privileged to
avail the premiums in pricing due to greater market concentration (McLaren, 2014). There would
impact on the other markets of the economy. Government of Australia planned to take initiate in
order to make the market competitive and lower the higher prices in the telecom industry of the
country.
Discussion
Evaluate and analyse the market structure of the telecommunications industry in the UK,
Australia and New Zealand
Telecommunication is one of the major industry of the Australia. There are two means of
communication in Australia (Australia.gov.au, 2020). One is electronic means and another one is
services. The communication under the services includes broadband networks and telephony. On
the other hand, the communication under the electronic means include television, computer,
telephone and radio. To maintain the communication between the vast populations of the
country, the telecommunication sector plays a vital role. Thus, government also took various
initiatives in order to develop the sector. In addition, the regulations of the government is
essential for the development of the sector. The major players of this market include Optus,
Vodafone and Telstra. There are other small players as well. The highest market share is
captured by the Telstar in Australia. There were some significant industry alliances and
acquisitions in the telecommunication sector of the Australia. As the usage of the data continues

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