However there is good and there is bad regulation. During the UMTS frequency auction the German finance minister joked about UMTS meaning "Unerwartete Mehreinna

However there is good and there is bad regulation. During the UMTS frequency auction the German finance minister joked about UMTS meaning "Unerwartete Mehreinnahmen zur Tilgung von Schulden" (unexpected additional income to repay debt) and tried to maximize financial gain. A good regulation would be one which ensures competition, for instance by ensuring infrastructure in rural areas can be used by multiple companies isntead of making entry into the market expensive.