South Korea's and Japan's telecommunications sectors developed rapidly, especially in high-speed, low-priced broadband. We argue that both countries are engaged in strategic liberalization, fostering competition to reach specific goals. However, different political dynamics pushed their initially similar policy regimes apart. Korea retained its managed competition regime while Japan experienced a regime shift.
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Errata: In the September/October 2016 issue (volume 56 number 5, pages 836 and 849), there was a technical printing error in Figures 1b and 2 of the article by Ajay Raina that resulted in a loss of data on the graphs. This online article contains the restored figures in their original, correct state. The error is regretted.