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Regulators have long been aware of the social aspects of communication. In the past, regulated monopolists have provided Universal Service Obligations, typically funded via a system of cross-subsidies. In this paper, we first review the rationale for imposing Universal Service Obligations, based...
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shows that these problems do not automatically imply that sector specific regulation is warranted. The same hold for the … specific regulation of mobile telephone markets. The social welfare loss that would arise from such regulations are estimated …
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