This paper considers the impact of European telecom regulation on the value of affected companies. Employing a repeating AR-GARCH 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...

In September 2016, the European Commission (EC) published its proposal for a directive establishing the European Electronic Communications Code (EECC) – with one key aim being the provision of sufficient incentives for infrastructure investments into high-speed communication networks. Based on...

The literature on the effects of telecommunications infrastructure investments find positive macroeconomic effects, however, it is severely constrained because it could hitherto only analyze investment up to “basic” broadband but not up to the newer generations of “fast” and...

Die europäische Integration unterlag immer dem Anspruch der Deregulierung. Inwieweit sie dem gerecht wird, ist nicht umfassend geklärt. In dieser Arbeit wird die Politik der EU in sechs Branchenanalysen untersucht: Verkehr-, Agrar-, Finanz- und Energieversorgungswirtschaft sowie...