Abstract
Abstract From the first restructuring initiative in 1990 to the latest in 1995, more and more of the Korean telecommunications market has been exposed to competitive market forces. Nonetheless, it is an unfinished agenda. The introduction of competition in the telecommunications market has mainly been limited to removing entry barriers, while accompanying measures to facilitate competition were put in place more slowly. The future tasks for policy makers include implementation of a procompetitive regulatory regime, local competition using CATV, the privatization of Korea Telecom, opening the basic telecommunications market to foreign investment, and securing regulatory expertise and independence.
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