significant market power regulation

Bangladesh is currently conducting a public consultation on proposed Significant Market Power regulation.  The recommendations made by an ITU consultant proposes Significant Market Power (SMP) regulation.   This is not something many regulators in our region have focused on, at least not recently (though very light flavors of SMP determinations can be found in some countries such as Pakistan).  So we sought the help of our sister research network RIA.  Using the recent experience of South Africa in using SMP in regulation (and contrasting with Namibia and Botswana which do not use SMP), Allison Gillwald of RIA gave us useful input on the pros and cons of the approach.