(2) The Authority has the right to conduct a market analysis(a) at the request of the Minister; (b) at the request of interested operators; or (c) on its own initiative. (3) The Authority also has the right to complete only parts of the market analysis procedure where it considers for justified reasons that it is not feasible to complete the whole procedure. (4) The Authority shall endeavour to complete the market analysis within the shortest period of time possible and in any case within four months after the decision to initiate a market analysis was taken. (5) The Authority may extend the period stipulated in subsection (4) for a maximum of three times and in each case for a maximum period of three months. (6) The market analysis shall be completed by a decision of the Authority and shall indicate the results of every completed stage of the market analysis. (7) The Authority shall make publicly available the list of relevant markets for which undertakings having significant market power as defined in subsection (1) have been identified and the list of undertakings having significant market power as well as the obligations imposed on them. (8) The analysis of the market shall be reviewed if a new definition of the markets is established or where the Authority deems that there are grounds for the review. Relevant markets 48. (1) Within the scope of market analysis, the Authority shall determine whether or not a relevant market is effectively competitive, for the purposes 68

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