Coordination of the Czech economic policy in network industries with practice in the EU

The paper examines competition in network industries in the Czech Republic in making an assessment of national regulatory policies and their relations hip to current EU recommendations. The author first considers the legal fra mework in which businesses operate and, if any, the degree (and form) of th e regulation of exclusively provided services. Secondly, and in regards to the latter, the author considers how price policies and pricing may be infl uenced by the implementation of a competitive environment. If competition i s introduced without the accompanying proper regulation of incumbent behavi or, the resulting market may be a competitive one with monopolistic prices: the incumbent left with the power to expropriate rents in such a pseudo co mpetitive market. The government of the Czech Republic should see to the ca reful implementation of EU directives in the national legal system. The cur rent state of regulation in the Czech Republic is far from desired.