UK broadband regulations could be scrapped

Ofcom says competitive marketplace could reduce the need for harsh sector regulation
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The European Commission has given the green light for the current regulations imposed on broadband wholesalers in the UK to be relaxed, the BBC reports.

A recent review has claimed that around 64 per cent of the UK broadband marketplace enjoys enough competition in the sector to prevent any one wholesaler winning a dominant position.

The news has lead Ofcom to suggest that it might now relax the regulations that were first brought in to prevent former monopoly holder BT gaining a stranglehold on the market.