CONGRESSIONAL BILL NO. 18-145, C.D.1 P.C. NO. 18-254 PUBLIC LAW NO. 18-52 1 (b) Providing regulation that is proportionate to 2 the objectives set forth in this Act, non-discriminatory 3 in nature, and promotes reliance on market forces to the 4 greatest extent reasonable in the circumstances; 5 (c) Providing conditions for effective 6 competition among service providers in the Federated 7 States of Micronesia and encouraging efficient and 8 sustainable investment in and use of communications 9 networks and services; 10 (d) Providing a licensing regime which promotes 11 entry of new licensees and which fosters investment and 12 innovation in communications networks and the supply of 13 communications services; 14 (e) Providing efficient use of communications 15 facilities and providing for cost-based interconnection 16 and access on an equitable and non-discriminatory basis 17 for operators of communications networks, to promote 18 end-to-end connectivity of separate communications 19 networks; 20 21 22 (f) Protecting the interests of consumers and regulating prices; (g) Promoting the development of communications 23 in the Federated States of Micronesia, as far as 24 practicable in accordance with recognised international 25 standards and practices; 13 of 119