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Q e main objective of the paper is to evaluate the telecommunications services market in Poland, focusing on its regulation in the context of the Agency Q eory and the Transaction Cost Q eory under New Institutional Economics (hereinafter NIE). In the following sections of the paper, selected aspects concerning institutional economics, particularly institutions are presented. Next, the key issues related to the Agency Q eory and the Transaction Cost Q eory under New Institutional Economics are described. Q e theories are a basis for the evaluation of the telecommunications services market in Poland shown in the " nal part of the paper. Q e aim of the paper is to identify and analyse key aspects of regulation as a means of the state's in^ uence on the economy.

journal of international studies

Telecommunications services market in the light of the Agency Theory and the Transaction Cost Theory under New Institutional Economics: case for Poland