Dieser Beitrag behandelt das Zusammenspiel von normativer und positiver Theorie der Regulierung. Die … netzspezifische Marktmacht gekennzeichnet sind. Zur Regulierung netzspezifischer Marktmacht hat sich die Price-Cap-Regulierung als … der Price-Cap-Regulierung reduziert werden. Die positive Theorie der Regulierung beschäftigt sich mit dem institutionellen …

Good intentions are no substitute for sound economic regulation. Using the ‘in-vestment ladder’ as the stick and …. Instead, rule-based regulation of network-specific market power should be implemented by means of a disaggregated regulatory … mandate, limit-ing incentive regulation to essential facilities as a whole. …

local price cap restricts profit regulation to the bottleneck, whereas a complementary set of measures intends to curb the … resulting incentives for foreclosure of the competitive markets. The global price cap extends regulation to the entire firm …

discretionary behavior of regulatory agencies. Whereas the conse-quences of effective regulation in principle are known and accepted …; its major elements being the restriction of regulation to monopolistic bottlenecks and a disaggregated appli-cation of …

model of regulatory agencies based on the positive theory of regulation are presented. Regulatory risk with regard to the …

grandfathering rights, ex ante regulation of network-specific market power instead of negotiated unregulated network access …, incentive regulation instead of cost-based regulation. The process towards sector-symmetric market power regulation based on …