Rates and tariffs

(1) The PUC shall make regulations for the imposition, implementation, monitoring and enforcement of rates by all such methods as it may deem appropriate in any case where– (a) there is only one service provider operating a telecommunications network or providing a telecommunications service, or where one 32 service provider has a dominant position in the relevant market; (b) a sole or dominant service provider operating a telecommunications network or providing a telecommunications service cross-subsidises another telecommunications service provided by such service provider; or (c) the PUC detects anti-competitive pricing and acts of unfair competition. (2) Rates for telecommunications service, except those regulated by the PUC in accordance with this section, shall be determined by the principles of supply and demand in the (3) For any telecommunications service in which there is competition, the PUC may make regulations to introduce a method for regulating the rates of a dominant provider of such telecommunications service by establishing price caps, maximum rate-of-return or by such other methods as the PUC may deem appropriate. (4) Prices, terms and conditions of service shall be filed with the PUC and published by the service provider at such times and in such manner as the PUC shall prescribe and shall thereafter, subject to this Act and the conditions of any licence, be the lawful prices, terms and conditions for such services.