reform. The concept of a national telecommunications grid providing television and basic telephone services is questioned, as …

This Paper examines a general problem exemplified by post-auction (third generation ‘3G’) mobile telecommunications …

and offer Internet services directly to customers. Employing a very detailed dataset covering the whole of the UK, we find … technology (cable) which is not subject to regulation, and what we discover is that inter-platform competition has a positive …

television regulation in light of these developments. It surveys the dismal empirical record on the effects of price regulation …

tests for contagion (i.e., an intensification in the transmission of shocks across countries), fragmentation (a reduction in … substantial fragmentation from 2010 onward. Flight to quality was present at the height of the crisis, but has largely dissipated … in yields following the OMT announcement, the high current degree of fragmentation poses difficult challenges for policy …

's initial level of domestic political fragmentation. We emphasize the role of the 'Military Revolution', which raised the cost …

paper evaluates the impact of dark trading and fragmentation in visible order books on liquidity. We consider global … traditional market only. We find that fragmentation in visible order books improves global liquidity, whereas dark trading has a … detrimental effect. In addition, local liquidity is lowered by fragmentation in visible order books, which suggests that the …

paper, we adapt a general model of fragmentation of production activities to try to capture the specific features of …