ABSTRACT
1994 saw the commencement of GATS negotiations on trade in telecommunications services, just as a number of international alliances and agreements are beginning to form in order to compete in the so-called global telecommunications services market, a market that has essentially appeared because a number of multinational companies with large telephone bills are beginning to assert their market power on the demand side. At the same time, the three major blocs or telecommunications services markets in the world, North America, Europe, and the Pacific rim are fundamentally reviewing their regulatory structures in light of the rapid development of wireless communications and the progressive, or prospective intermingling of voice, data, and visual signals on networks.
