Digital economy blueprint

As they move forward, policymakers should stay 

focused on three priorities:

i.  Regulatory objectives can best be met by focusing 

on the services delivered to consumers, not the 

type of company or technology that delivers them. 

Regulation should be designed to achieve its 

objective in the most efficient way, without regard 

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8.0  CROSS-CUTTING ISSUES

to technologies, industry structures, or legacy 

regulatory regimes. 

ii. Measurable, performance-based approaches 

should be favoured over prescriptive regulations, 

promoting market dynamism and driving consum-

er welfare. Regulatory systems need to accommo-

date rapidly changing markets and technologies 

and also create enough regulatory confidence for 

companies to take risks. Static regulation needs to 

be replaced by dynamic regulation. 

iii. Policymakers should take a fresh look at legacy 

rules and discard those that are no longer relevant, 

applying a consistent set of criteria throughout the 

digital ecosystem. In many cases, intense compe-

tition in the ecosystem means that regulation is no 

longer needed, or can be significantly scaled back.