CHAPTER IX
PRICE REGULATION
Article 46
Tariff filing
1.
A service provider shall file with the Authority the standard wholesale and retail prices of
telecommunications services it supplies within fourteen days of setting or changing such
prices.
2.
The Authority may prescribe the manner in which tariffs are to be filed pursuant to the
preceding paragraph.
Article 47
Tariff regulation
1.
The Authority may regulate the prices charged by a service provider in a
telecommunications market in which it has significant market power:
a)
By referring to relevant benchmarks in accordance with paragraph 3; or
b)
Where the Authority considers it more appropriate under the circumstances, or where
requested by the service provider, on the basis of an economically efficient cost model.
2.
In performing its functions and responsibilities and exercising its powers pursuant to this
article, the Authority shall take into account:
a)
Any need to protect consumers from excessive prices;
b)
The development of competition in the relevant telecommunications market; and
c)
Any need to prevent pricing practices that hinder, restrict or distort competition in such
telecommunications market.
3.
Relevant benchmarks shall be identified by reviewing prices of services substantially
similar to those services being assessed, derived from countries in which:
a)
A reasonable level of competition exists in the provision of the services in question; or
b)
Prices of the services in question are set on the basis of economically efficient costs.
4.
The regulation of tariffs pursuant to this article shall be subject to paragraph 4 of Article
19.
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