Reply to post: Re: Money, Money, Money

US cities react in fury to FCC's $2bn break for 5G telcos: We'll be picking up the tab, say officials

Anonymous Coward
Anonymous Coward

Re: Money, Money, Money

In the UK, such matters are regulated by the Electoral Commission

And so the art of gaining influence in the UK is much more subtle than the US practice of buying yourself a politician. Our telecoms regulator Ofcom is ineffectual, and appears to be captured by the companies it is supposed to regulate, but those companies haven't had to hand over millions of pounds to buy influence. They simply wine and dine a few politicians (which is a cheap form of getting a tiny bit of influence) but much more importantly they play the regulatory game to their advantage.

Ofcom take little account of consumer interests, but will heavily weigh the interests of companies, and so the outcome is almost always skewed towards the telecoms companies.

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon

Biting the hand that feeds IT © 1998–2022