This report addresses the regulation of access to telecommunication networks. Development of competition and the success of liberalisation often depend on the access terms and conditions chosen, and public policy interest in getting these terms and conditions right is important.

The development of competition and the success of liberalisation measures within public utility industries often depends on access terms and conditions. Prepared by the OECD's Competition Committee, this report focuses on the regulation of access to essential facilities within the telecommunications industry, drawing on theory and practice of access pricing to help regulators and policy-makers learn from OECD experiences to achieve efficient and competitive outcomes.

Systematically reviews recent innovations in the economic theory of pricing and extends results to the conditions which characterize telecommunications markets