Telecom industry continues to be strongly regulated. In particular, operators in fixed access, terrestrial TV and mobile termination are often imposed price regulation due to their significant market power. Regulators’ key objectives are to enhance competition, boost development of networks and services and lower prices. Usually the objectives as such are rather well accepted but the means of regulation can be strongly disputed. The reason is that price regulation as a single tool often fails to reach all the key objectives simultaneously. JM Economics advises regulated firms as well as media companies and other customers of regulated firms, regulators and competition authorities in price regulation and price disputes.