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This paper develops a method to analyze the effects of competition policy in a network industry. Competition has mixed … effects on incentives to invest: when a network is split between competitors, each captures only a fraction of potential … network effects. However, a firm may invest in components that are not shared, to attract customers to its network. I …
Persistent link: https://www.econbiz.de/10012842906
Persistent link: https://www.econbiz.de/10012182677
European mobile communication markets are two-stage markets which are composed of the infrastructure (the network and … its components) and the service markets (telephony, mobile internet, SMS). In contrast to most other network-based markets … there are multiple fully integrated providers which keep their own network and offer services on their network. Following …
Persistent link: https://www.econbiz.de/10014200074
paper provides an analysis of the competition and monopoly issues behind the CPP and MPP regimes and offers the tools to … conditions. To do so, one begins with an analysis of what competition means for mobile service. This continues with the …
Persistent link: https://www.econbiz.de/10014204562
network industries. In this paper, we analyse interconnection in a deregulated network where the participants compete in the … incumbent. In the later case, network externalities allow the incumbent to use the terms of interconnection to maintain its … dominant position. Moreover, in either case, competition in the retail market can be undermined by collusion over access prices …
Persistent link: https://www.econbiz.de/10014063151
in network industries. In this paper, we analyze interconnection in a deregulated network where the participants compete … the incumbent. In the latter case, network externalities allow the incumbent to use the terms of interconnection to … maintain its dominant position. Moreover, in either case, competition in the retail market can be undermined by collusion over …
Persistent link: https://www.econbiz.de/10014083181
Network shares and retail prices are not symmetric in the telecommunications market with multiple bottlenecks which …
Persistent link: https://www.econbiz.de/10011346476
particular, the extent to which network operators can fully recover the costs of historic investments, and the efficiency and … for regulation; the essential functions provided by network operators; and whether regulations should be applied …
Persistent link: https://www.econbiz.de/10014091513
I generalize the workhorse model of network competition (Armstrong, 1998; Laffont, Rey and Tirole, 1998a,b) to include … workhorse model of network competition … stylized facts: The networks have an incentive to agree on high mobile termination rates to soften competition. They charge a …
Persistent link: https://www.econbiz.de/10013069126
We develop a model of competition between interconnected networks, with separate local and long-distance markets …, allowing for various degrees of symmetry between carriers. Assuming two part pricing, we show that effective competition can be … interconnected local networks want to agree on cost based interconnection charges, but that through competition for local market …
Persistent link: https://www.econbiz.de/10014171873