Government Regulation Research of China Telecom Industry Based on Extended SCP Framework

In recent years,China Telecom Industry has gained speedy development,which made a grand contribution to the rapid growth of the national economy and the social security.Meanwhile,a long-standing property of natural monopoly of China Telecom Industry has lead to all kinds of conflicts in the telecom market which become increasingly acute,such as unfairly competitive price,interconnectivity and so on.Therefore the government regulation is imminent.To begin with,this paper demonstrates the necessity and applicability of government regulation.Then,in order to analyze the government regulation issues of China Telecom Industry,the paper extends the classical SCP framework.Finally,some relevant measures are proposed to promote effective government regulation of China Telecom Industry.