§ Mr. Gordon Prentice
To ask the President of the Board of Trade what assessment he has made of the impact of the regulatory regime in the United Kingdom on the ability of British Telecom to be a major player in global telecommunications.
§ Mr. McLoughlin
Current telecommunications regulation achieves a good balance between the need to ensure real and effective competition and the need to avoid over-burdensome restrictions on companies. BT has benefited from its experience in the liberalised United Kingdom environment. This has been in large part responsible for its development into an internationally successful company.