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Although the future socio-economic benefits of a new fibre-based ('next generation access', NGA) telecommunications infrastructure seem to be uncontroversial, a universal NGA coverage appears to be a rather unrealistic objective without government intervention. We contend, however, that the...
Persistent link: https://www.econbiz.de/10010957680
The majority of industrial organizations literature on network externalities looks at firm behavior under given market characteristics. The present paper instead asks the question whether the presence of network externalities can change market characteristics, specifically, whether an initially...
Persistent link: https://www.econbiz.de/10005098058
, there is a need for unbundling regulation to foster competition. Improvements to the current open-network regulation …
Persistent link: https://www.econbiz.de/10005098426
, deregulatory policies including soft regulation are the dominant policy in 'black' areas, where several independent infrastructure …
Persistent link: https://www.econbiz.de/10011122571
, investments increase off-net traffic from the investor’s network but also from competitors’ networks. Regulation changes the … functions. Testing for a common regulation-investment effect provides evidence that the negative investment externality is not … due to regulation. …
Persistent link: https://www.econbiz.de/10008500714
In the advent of postal market liberalization in several European countries we expect that the incumbent operators anticipate entry by competitors who are not required to offer universal service, i.e. coverage of the entire country and uniform pricing. The market for postal service exhibits...
Persistent link: https://www.econbiz.de/10005097679
market regulation have motivated this quality improvement. In particular we show that this rise in quality is only profitable …
Persistent link: https://www.econbiz.de/10005097892
This paper considers the impact of European telecom regulation on the value of affected companies. Employing a … repeating ARGARCH model, I compare the effect of three types of regulation which are categorized based on the addressed subject …, i.e. cross-market, country-specific and company-specific regulation. While standard event study approaches are a special …
Persistent link: https://www.econbiz.de/10008756427
This paper gives an overview over corporate governance and banking regulation in Germany. Particular attention is put …
Persistent link: https://www.econbiz.de/10008494187
While liberalization in energy markets has been a widely successful process all over the world, incumbents often still hold a dominant position. Thus, electricity wholesale markets are subject to market surveillance. Nevertheless, consolidated findings on abusive practices of market power and...
Persistent link: https://www.econbiz.de/10010957651