5th August 2009
PAN CHANNEL ISLAND REGULATION AND COMPETITION NEEDS TO BE
CONSIDERED AND INVESTIGATED
Sure believes that Guernsey and Jersey should
have regulation and competition regimes which mirror each other to
ensure that companies are not disadvantaged or disproportionately
impacted when operating in both islands.
With the States of Guernsey due to discuss a
proposal that the Office of Utility Regulation (OUR) be put in
charge of preventing market abuse as part of the introduction of a
competition regime, Sure is supporting an amendment from Deputy
David De Lisle that the rules should be the same in both
islands.
“We believe that there is a very strong case
for the Channel Islands to have consistent and common competition
and regulation legislation. I accept that some instances will
require really necessary local variations but, for the vast
majority of cases, it should be more than acceptable for the same
regime to apply across the islands,” said Peter Stahelin, Director
of Legal/Regulatory Affairs, for Sure in the Channel Islands and
Isle of Man.
The telecoms operator has previously questioned
the differences in regulation legislation and process between
Guernsey and Jersey which it believes prevents it from operating as
efficiently as possible.
“Logically, with a combined population of
around 150,000 and with thriving, but in worldwide terms relatively
small, economies, it would be far more cost effective to have one
regulatory body across the islands and one competition body. A
common sense approach would be for the OUR to handle regulation and
the JCRA to handle competition and for them to work together to
ensure that any decisions were conducive to competition and
business and in the best interests of consumers,” he said.