Regulation of Competition in the Telecommunications Sector: A Comparative Study of the Korean and Nigerian Legal Regimes

The liberalisation of telecommunications sectors in many countries has brought with it the need to regulate and develop regulatory models for competition. South Korea and Nigeria followed the liberalisation trend of the telecommunications markets in late 1980s and 1990s. Both countries have also established competition laws and adopt various regulatory models. This paper, through a comparative analysis, examines how both countries regulate competition in their telecommunications markets. It argues that their regulatory models have merits and demerits which may affect efficient regulation of competition in the industry. It concludes that notwithstanding the pros and cons of their regulatory models, the regulatory choices are tailored to meet the peculiarities of their markets and reflect the environment in which they are used. Also, the Nigerian model reflects its slow level of telecommunication development and the more sophisticated the industry becomes, it becomes imperative for its regulatory regime to become sector-specific.

A frequency-amplitude coordinator and its optimal energy consumption for biological oscillators

Biorhythm including neuron firing and protein-mRNA interaction are fundamental activities with diffusive effect. Their well-balanced spatiotemporal dynamics are beneficial for healthy sustainability. Therefore, calibrating both anomalous frequency and amplitude of biorhythm prevents physiological dysfunctions or diseases. However, many works were devoted to modulate frequency exclusively whereas amplitude is usually ignored, although both quantities are equally significant for coordinating biological functions and outputs. Especially, a feasible method coordinating the two quantities concurrently and precisely is still lacking. Here, for the first time, we propose a universal approach to design a frequency-amplitude coordinator rigorously via dynamical systems tools. We consider both spatial and temporal information. With a single well-designed coordinator, they can be calibrated to desired levels simultaneously and precisely. The practical usefulness and efficacy of our method are demonstrated in representative neuronal and gene regulatory models. We further reveal its fundamental mechanism and optimal energy consumption providing inspiration for biorhythm regulation in future.

Artificial Intelligence ante portas: Reactions of Law

Artificial intelligence and algorithmic decision-making causes new (technological) challenges for the normative environment around the globe. Fundamental legal principles (such as non-discrimination, human rights, transparency) need to be strengthened by regulatory interventions. The contribution pleads for a combination of regulatory models (hard law and soft law); based on this assessment, the recent European legislative initiatives are analyzed.

Development of a set of regulatory models for metallurgical enterprise divisions functioning

Methodology of normative models, algorithms for their construction, as well as procedures for application in production facilities control and optimization tasks should fully meet modern requirements: multivariance, case­orientation, complexity, optimality, dynamism, flexibility. The listed aspects of construction and application of normative models for functioning of metallurgical enterprise divisions are presented in this work.

Regulation of advocacy profession: global trends

The objective of the article is to analyze the regulation of the legal profession and its global trends. There are many different types of regulators globally, and many different sources and methods of regulation. There is no simple approach to setting goals for regulating the legal profession in different legal systems. Although self-regulation of the legal profession is considered the basis for adhering to the standard of its independence, at the same time, academics recognize the existence of the theory of the management of the legal profession. To study these problems, the authors conducted a comparative study of the regulatory models of the legal profession in the world in terms of compliance with international standards of legal independence in different legal jurisdictions and made some suggestions to improve the legal regulation of the legal profession in Ukraine. Empirical sources for scientific research were international documents, court decisions, national legislation of Great Britain, Canada, the United States, Ireland, Scotland, Australia and others, and the work of scientists. The article uses general scientific methods - dialectic, analysis, synthesis, analogy, etc., and special methods, particularly legal, historical, and formal comparative law.

Bunda

This research aims to understand the process that led to the consecration of the butt as a cultural product at a time when the mass culture in Brazil was expanding and the military-corporate dictatorship consolidated the political regime of heterosexuality. The transformations in the visibility status of the city of Rio de Janeiro, which followed the strengthening of mass tourism, allowed that the female body incarnated in a carioca incorporated new models of Brazilianness. In this context, the butt emerged as a possible sign as well as an agent of history, since it mediated an economy of gender, race, class, and sexuality that circulated through consumption. This visual economy favored new biopolitical models that negotiated the evolution of national “nature” through the perfect body. In this sense, this article seeks to map out regulatory models and to expose the structures of power and knowledge that sought to produce regimes of truth about the national body. Supported by elements of mass culture (goods, images, services, etc.) this work investigates the ways through which the butt was co-opted by power as a part of Brazilian visual culture, supporting the global commercialization of Brazilian bioesthetics.

Why do state-owned utilities become subject to financial logics? The case of energy distribution in Flanders

According to political economists, the state’s governance of infrastructure is becoming prone to processes of financialization. To date, however, research on how state owners of infrastructure enable and react to the entry of financial logics into such domains remains limited. This paper mobilizes the case of Eandis, a Flemish energy grid company, as a typical case to examine the causal mechanisms involved when state-owned utilities become subject to financial logics. During the 2000s, Flemish municipalities increased their ownership of Eandis, while the company deepened its debt exposure to optimize return on capital. In 2016, Eandis aimed to attract private financial equity and selected a Chinese investment fund as a potential co-shareholder. Although this buy-in was blocked, the conditions under which the state-owned company became increasingly entangled with financial markets remain unchanged and warrant a deeper examination. To explain this trajectory, we identify two causal mechanisms in the fields of market-making and ownership strategies by the multiscalar state. First, we show how regulatory models caused Eandis to focus on financial metrics such as credit ratings, subjecting management to financial market disciplines. Second, we find that budgetary constraints, combined with top-down utility governance, have made municipalities dependent on financial returns on utilities. The interaction between market-making and financial ownership strategies institutionalizes a financialized gridlock, in which municipal shareholders’ interests conflict with the need for low consumer fees and green grid investment. We argue that reforming the regulatory framework and strengthening fiscal solidarity across state layers would allow states to develop non-financialized strategies.

Part II The Transatlantic Dialogue, 7 The New European Capital Markets

This chapter looks at the new European capital markets. The creation of the European Securities and Markets Authority (ESMA) was ‘an epochal date for EU financial market regulation’. Whereas ESMA's role is primarily one of overall supervision and promotion of supervisory convergence, the 2007–09 financial crisis, which led to its birth, continues incrementally to push the European legislator toward reinforcing ESMA's powers and capturing increasingly more activities under the ‘Single Rulebook’. With the proposal of a Capital Markets Union and Brexit, this trend is likely to continue. Potentially, the European Union is now well placed to forge a new paradigm for the regulation of capital markets, given the increased focus and the technical expertise which ESMA brings to bear. At least in theory, the EU should no longer be beholden to US or international models for its regulatory models.

The Process Of Electronic Document Management In The System Of Railway Automation And Telemechanics

The article describes the processes of electronic document management of technical documentation in the system of railway automation and telemechanics. Electronic document management is important in enterprises, and this process increases efficiency, saves time, and ensures the security of documents. The electronic document management system includes several criteria in terms of storage capacity. Local and international quality regulatory models the level of construction of information storage is in accordance with certain standards. Types of electronic document management are considered, taking into account several features. Allows employees to receive new documents and automatically track deadlines by directing and monitoring document execution.

Sex Worker Health Outcomes in High-Income Countries of Varied Regulatory Environments: A Systematic Review

There is significant debate regarding the regulation of the sex industry, with a complex range of cultural, political and social factors influencing regulatory models which vary considerably between and within countries. This systematic review examined the available evidence on the relationship between different approaches to sex industry regulation in high-income countries, and associated effects on sex worker health status. Objectives included identification of sex worker health outcomes, including sexual health, substance use and experience of stigma and violence. A search was performed electronically in eight scholarly databases which yielded 95 articles which met the criteria for inclusion. Findings suggested that sex workers in legalised and decriminalized countries demonstrated greater health outcomes, including awareness of health conditions and risk factors.