Failure to understand Market
BBC NEWS | Business | EU cracks down on mobile charges
Mobile phone users could pay less for making calls from abroad to their country of origin, under proposals put forward by the European Commission.
The Commission said it would draft a law to crack down on "unjustified" high charges for using mobile phones abroad.
"It is high time that the EU's internal market delivered substantially lower communication charges for consumers and business people travelling abroad," said Ms Reding.
"I therefore propose that an EU regulation be used to eliminate all unjustified roaming charges.
...Mobile phone operatorsay calls abroad cost more than domestic call charges, because there are additional costs involved in delivering calls through foreign networks.
In a statement, T-Mobile said that it should be left to the market to decide mobile phone charges.
So the EU doesn't understand how markets work yet again, what a surprise. Of course the BBC shouts about how this will be a victory for the little man against the nasty big businesses. What happens to Vodafone shareholders, and all our pensions that have a little bit riding on the profitability of the mobile operators? All so Mandy and Renaldo can whisper sweet nothings wherever they are for less.