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Price cap regulation uses a formula, set in advance, to determine the price increases for a firm's services for a period of several years. During this period, the firm may keep all the benefits of its incremental productivity gains. Customers can also benefit because the price cap formula may...
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Since 1997, the U.S. government has attempted to use the World Trade Organization (WTO) agreement on telecommunications services as a vehicle for exporting American principles of telecommunications regulation to other nations. The United States took the position in 1997 that the WTO...
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Different countries have different practices with regard to charging for calls to mobile subscribers. In some countries, including: Canada, China, Hong Kong, Russia, Singapore and the United States, mobile network operators (MNOs) charge their subscribers airtime on calls that they receive. This...
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