Local telecommunications competition was an important goal of the 1996 Telecommunications Act. We evaluate the consumer …

. Residential local phone service competition was an important goal of the 1996 Telecommunications Act. We provide a detailed …' services gain on average an equivalent of $2.33 per month in overall welfare from local telecommunications services, or 6.2% of …

This paper questions whether competition can replace sector-specific regulation of mobile telecommunications. We show …

First, we demonstrate how unregulated price setting in mobile telecommunications may lead to monopolization, even when … interconnection, (ii) reciprocal access prices and (iii) a ban on price discrimination of calls to other networks, may restore …

I examine interconnection decisions of differentiated firms. I find that previous results that firms never interconnect … enough do not hold. In a Hotelling model consumers may suffer from interconnection, and firms may interconnect when it is not … aggressively after interconnection, raising prices for consumers and profits for firms. Price and profit rise results holds under …