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Massive changes are taking place all over the world in redefining therelationship between government, public, and private institutions. Nowhere is thisredefinition more urgent than in communications, where widespread privatization andderegulation of telecommunication companies and broadcasters has created a need fornew modes of corporate governance in the new global marketplace. In this study, Wolfgang Schulz and Thorsten Held set out to find answers to key questions relatingto the changing role of government -- especially in regulating the transnationalcommunications industry -- and to provide a tool kit for what they call regulatedself-regulation applicable across the world.