What Rules for IP-Enabled Next Generation Networks? 23-24 March 2006 Geneva, Switzerland New Regulatory Approaches Fostering Innovation Dynamics in the Telecommunication Sector: How to deal with “emerging markets” and investment incentives? Drs. Robert Stil Head of the Economic Analysis Team OPTA, The Netherlands Abstract: In this presentation Robert Stil addresses the question whether NRA's can adequately deal with emerging markets within the European Regulatory Framework (NRF), and if an alternative approach might be more suitable. The NRF principle of technological neutrality and focus on service markets seems unsuitable for the All-IP case. Instead, it may be more effective to focus regulatory attention on the non-replicable aspects of infrastructure, regardless of the services delivered on that infrastructure. In order to determine replicability, it is necessary to be forward looking, with a time horizon that can extend beyond the usual 2 to 3 years used in the current Regulatory Framework. It is then questioned whether the suggested approach may already be workable within the NRF and the presentation closes with several recommendations for the upcoming review of the Regulatory Framework.