(1) The Regulator may submit a reasoned request with supporting evidence to BEREC to conduct an analysis of a potential transnational market in accordance with Article 65(1) of the Directive.

(2) Where a decision has been adopted by the European Commission in accordance with Article 65(1) of the Directive identifying a transnational market that covers all or part of the State, the Regulator shall, acting with such other national regulatory authorities concerned:

(a) jointly conduct the market analysis taking the utmost account of the SMP guidelines,

(b) in a concerted fashion, decide on any imposition, maintenance, amendment or withdrawal of regulatory obligations referred to in Regulation 49(8), and

(c) notify the draft measures regarding the market analysis and any regulatory obligations pursuant to Regulations 17 and 18.