The rebates, which consist in granting a lump sum discount to the ...

In order to reach this objective the Commission analyzes the possible impact of three differentregulatory options:1. The creation of a Single European Regulatory Authority with discretionary decision-makingpowers in market reviews and in charge of managing EU aspects of spectrum;2. The creation of European Regulatory Authority without discretionary decision-makingpowers assisting in the implementation of reinforced Community procedures;3. A better co-ordination between the Member Statesa) Analysis of Option 1 - creation of a Single European Regulatory Authority withdiscretionary decision-making powers in market reviews and in charge of managingEU aspects of spectrumAccording to this option the market review should be placed at a centralized level, while thenational NRAs should be transformed in national offices of the European Authority responsible fordata collection and implementation of the centralized decisions. The markets analysis should beundertaken directly by the European Authority which would also impose regulatory remedies;appeals against the decisions of the European Authority should be dealt with by the European Courtof Justice.Benefits related to this option:1) It is able to remove the national influences that very often had affected the decisions ofNational NRAs;2) It is able to promote consistent regulation across the EU;3) It may accelerated the development of services with pan-European potential andinternational competition among operators thank to the building of one-stop regulator systemthat lowered the administrative burden and compliance costsDisadvantage related to this option :78