Jersey’s competition watchdog is finding out if fees charged by telcos in Jersey are in line with similar jurisdictions.
The Jersey Competition Regulatory Authority is carrying out a ‘market study’ to ‘benchmark retail prices for telecommunications services in Jersey” as of the final quarter of this year.
It will then compare those prices against the likes of Guernsey and the Isle of Man.
In particular, the JCRA will look at the following.
The study will start this month and the findings will be published early next year.
A market study is the analysis of a market as a whole, or features of a market - in this case the prices, to assess how well it is working and if any changes should be recommended to make it work better.
Explaining why it has chosen to focus on telecoms, the JCRA said: “Telecommunications are essential elements of modern-day life and thus form a vital service.
“The prices people pay and the value that they get from telecommunication services are an important indicator of how well markets are working well for consumers.
“Further, international comparisons allow for a broader understanding of how Jersey performs against other comparable jurisdictions.
“It is important to use both the Authority’s competition and regulation powers to empower consumers to exercise informed choice and help markets work in the best interest of Jersey as a whole.
“The study also has broader benefits. For example, telecommunication services are an element that can drive inflation. Therefore, understanding pricing better can help support the Government’s anti-inflation strategy.”
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