And with the world's population clock1 indicating just over 7 billion people - increasing by the hour - issues of how and what to regulate are becoming more relevant. Governments are facing increasing social and economic issues. Pressures are building on the provision of health care, education, and policing, as well as on goals for employment, environmental protection and economic growth. Since the late 1980s, market liberalization and advances in technology have driven the digitalization of all aspects of national economies. In moving to a competitive telecommunications model, strong regulation and regulators have been required to enable new entrants to compete against dominant players with significant market shares.