12/10/08

EU Public Affairs Monitor - 02/12/08

EC pares down plans for telecoms super-regulator Dec 2008
"The European Commission has agreed to pare back plans for a telecoms super-regulator, following a European Parliament vote in September.

Telecoms commissioner Viviane Reding had wanted a large body that could manage and potentially overrule national regulatory bodies such as the UK's Ofcom. However, she faced strong opposition from the national regulators and, on Friday, the Commission announced a new version of the proposed legislation, providing for a body of just 20 members — half of whom would be seconded from the national regulators themselves." [ZDNet]

Gov't launches £30m fund for small tech businesses 02 Dec 2008
"Business secretary Peter Mandelson on Monday announced a £30m fund for small to medium-sized technology companies.

As part of its Enterprise Capital Funds programme, the Department for Business, Enterprise and Regulatory Reform (Berr) will make the funds available to information technology, electronics and instrumentation companies seeking investment capital. The fund will be managed by TTP Ventures." [ZDNet]

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