Feedback on a draft decision related to a price review of wholesale broadband access services has been published by the Jersey Competition Regulatory Authority (JCRA), with the regulator having proposed a price control on fixed line incumbent JT Jersey, set on a forward-looking basis.
With JT having previously been determined to hold significant market power (SMP) in the sector in question, the JCRA has claimed that a proposed price control ‘is consistent with generally accepted principles and applied proportionately to Jersey’. According to the regulator, the price control would be set so as promote more effective competition, while at the same time providing JT with ‘the opportunity to recover its efficiently incurred costs plus an appropriate return on investment’. Meanwhile, the regulator noted that two different pricing approaches have been considered, saying that under both of these the proposed prices would be lower than the current price.
Submissions to the consultation have been requested by a deadline of 24 March 2021.