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-based regulation to strengthen the necessary investment incentives. Regulatory emphasis is shifting from costreductions to promoting …
Persistent link: https://www.econbiz.de/10010423164
requirements, (international) benchmarking is not an adequate tool for the regulation of transmission system operators (TSO … high. The paper discusses options to reduce the weight of benchmarking in TSO regulation and options that do not rely on …
Persistent link: https://www.econbiz.de/10010423684
In February 1997 WTO members signed the Fourth protocol, which, for the first time, determined a set of international rules for trade in basic telecommunication services. While this agreement was a major step in the direction of liberalising national telecommunication markets, many deficiencies...
Persistent link: https://www.econbiz.de/10012272099
To give the exchange of goods and services between the European Union (EU) and the United States (U.S.) new momentum the two parties are currently negotiating the transatlantic free trade agreement Transatlantic Trade and Investment Partnership (TTIP). The aim is to create the largest free trade...
Persistent link: https://www.econbiz.de/10011598689
This paper contributes a theoretical analysis of the effects of different types of regulation on the timing of monopoly … base, we distinguish between price-based regulation and cost-based regulation. Under cost-based regulation, investment … triggers a change of regulated prices, whereas, under price-based regulation, investment does not affect them. To motivate …
Persistent link: https://www.econbiz.de/10010423694
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Persistent link: https://www.econbiz.de/10001226252