Capping regulation, not prices

The EU has confirmed that it will stick to it pledge to cap roaming prices after a survey found that 70% of Europeans want the EU to act to cut the cost of phone calls abroad. European Union Information Society Commissioner Viviane Reding, who put forward the idea, said that "this [high prices] hurts consumers, it hurts European industry and it hurts Europe."

Capping roaming prices is a highly interventionist policy that is unnecessary in a well functioning free market. Naturally, mobile operators are against the introduction of such a law as they are already reducing roaming prices. The EU should drop its obstructionist ideas and let the free power of consumers to determine roaming or any other prices. Only this way can the EU ensure that the consumers, European industry and Europe as a whole will benefit.