Glossary entry (derived from question below)
English term or phrase:
to allow for an international market
English answer:
open access for foreign companies
Added to glossary by
Yvonne Gallagher
Apr 10, 2012 16:43
12 yrs ago
1 viewer *
English term
to allow for an international market
English
Science
Marketing
Hello everyone,
The text is about information and communications technologies:
Many of the tasks of ICT regulators are such that the issue should first and foremost be set by the market, but if this does not work the regulator steps in. This includes standardization, which should be primarily market driven but in many cases, there is a need for intervention to protect consumers, to allow the market to function and **to allow for an international market**. National organs may make standards and/or implement existing ones (ITU or other international standards). There should be extensive publication of standards and invitation of public comment before adoption to ensure that the standard is what is suitable for industry. Any decision to make the implementation of standards mandatory should follow a full public consultation.
Does "allow for an international market" mean open access for an international market (foreign companies) to the national market or provide access for national companies to an international market?
Thank you.
The text is about information and communications technologies:
Many of the tasks of ICT regulators are such that the issue should first and foremost be set by the market, but if this does not work the regulator steps in. This includes standardization, which should be primarily market driven but in many cases, there is a need for intervention to protect consumers, to allow the market to function and **to allow for an international market**. National organs may make standards and/or implement existing ones (ITU or other international standards). There should be extensive publication of standards and invitation of public comment before adoption to ensure that the standard is what is suitable for industry. Any decision to make the implementation of standards mandatory should follow a full public consultation.
Does "allow for an international market" mean open access for an international market (foreign companies) to the national market or provide access for national companies to an international market?
Thank you.
Responses
4 +4 | open access for foreign companies | Yvonne Gallagher |
Change log
Apr 13, 2012 16:23: Yvonne Gallagher Created KOG entry
Responses
+4
3 mins
Selected
open access for foreign companies
the way I read it
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Note added at 5 mins (2012-04-10 16:48:16 GMT)
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this means that consumers will have access to a greater variety of stuff and thus better prices than if stuck with just indigenous products
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Note added at 2 days23 hrs (2012-04-13 16:22:35 GMT) Post-grading
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glad to have helped
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Note added at 5 mins (2012-04-10 16:48:16 GMT)
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this means that consumers will have access to a greater variety of stuff and thus better prices than if stuck with just indigenous products
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Note added at 2 days23 hrs (2012-04-13 16:22:35 GMT) Post-grading
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glad to have helped
4 KudoZ points awarded for this answer.
Comment: "Thank you, gallagy2."
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