The OECD Competition Committee debated competition and regulation issues in telecommunications in May 2001. This document includes an executive summary and the documents from the meeting: an analytical note by Mr. Darryl Biggar for the OECD, written submissions from Australia, the Czech Republic, the European Commission, Finland, France, Germany, Ireland, Italy, Japan, Korea, Mexico, the Netherlands, New Zealand, Norway, the Russian Federation, the Slovak Republic, Spain, Sweden, Switzerland, the United States, BIAC, as well as an aide-memoire of the discussion.