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Regulatory reforms in European network industries are strongly influenced by legal decisions. The cases considered in this paper not only initiated the liberali-zation process of the markets for network services but also provided an impor-tant signaling function for the remaining regulatory...
Persistent link: https://www.econbiz.de/10010305004
Regulatory reforms in European network industries are strongly influenced by legal decisions. The cases considered in this paper not only initiated the liberalization process of the markets for network services but also provided an important signaling function for the remaining regulatory...
Persistent link: https://www.econbiz.de/10010285372
Within a Generalized DiffServ architecture entrepreneurial flexibility for building intelligent multipurpose traffic architectures enables the provision of a variety of tailored traffic services for a wide range of heterogeneous application services. In order to solve the entrepreneurial traffic...
Persistent link: https://www.econbiz.de/10010397745
This chapter is organized as follows: In section 2 the historical roots of third party access regulation are characterized. This includes the Prussian railway law of 1838 and the terminal railroad case of 1912. In section 3 a normative frame-work, based on modern network economics, for the...
Persistent link: https://www.econbiz.de/10010427333
Network neutrality regulations for the Internet have been discussed for about a decade. In Europe, recent efforts have produced a proposal by the European Commission for a network neutrality regulation. Envisaged is the introduction of a two-tiered Internet traffic regulation based on a...
Persistent link: https://www.econbiz.de/10010435297
In order to analyse the role of competition in the post-trade markets a normative network economic analysis of securities business is provided. The theory of monopolistic bottlenecks constitutes the theoretical reference point for this analysis in order to identify stable network specific market...
Persistent link: https://www.econbiz.de/10010263191
Der Aufsatz ist wie folgt aufgebaut. In Abschnitt 2 wird zunächst die Theorie der angreifbaren Märkte kurz skizziert. Es folgt in Abschnitt 3 eine kurze Darstellung der Theorie der monopolistischen Bottlenecks und deren Zusammenhang mit dem Konzept der wesentlichen Einrichtung (essential...
Persistent link: https://www.econbiz.de/10010263192
In this paper we compare the privatisation and deregulation experience of German railroads with the telecommunications sector. In section 2 the period of nationalisation, legal entry barriers and self-regulation for the German railroad and the telecommunications sector is characterized. Section...
Persistent link: https://www.econbiz.de/10010263193
In this paper, historical functionalities of the traditional Internet are contrasted with today's Internet functionalities of the smart Internet architecture. It is shown that network neutrality regulation prohibiting congestion management and traffic quality differentiation is contrary to...
Persistent link: https://www.econbiz.de/10010267031
The aim of this paper is to show that regulatory risk is due to the discretionary behaviour of regulatory agencies, caused by a too extensive regulatory mandate provided by the legislator. The normative point of reference and a behavioural model of regulatory agencies based on the positive...
Persistent link: https://www.econbiz.de/10010267032