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Countries around the world are increasingly concerned as to whether the adoption of broadband technology by their respective citizens is sufficient to support economic growth and social development. Unfortunately, such concerns are often expressed in terms of where a country ranks among its...
Persistent link: https://www.econbiz.de/10014204755
In 1999, the Federal Communications Commission (“FCC”) began to grant incumbent local exchange carriers (“LECs”) pricing flexibility on special access services in some Metropolitan Statistical Areas (“MSAs”) when specific evidence of competitive alternatives is present. The propriety...
Persistent link: https://www.econbiz.de/10014204756
In 1999, the Federal Communications Commission (“FCC”) began to grant incumbent local exchange carriers (“LECs”) pricing flexibility on special access services in some Metropolitan Statistical Areas (“MSAs”) when specific evidence of competitive alternatives is present. The propriety...
Persistent link: https://www.econbiz.de/10014166587
Market definition is an essential ingredient to competitive and regulatory analysis. Yet, there is significant disparity regarding the definition of the relevant geographic market for high-capacity circuits, commonly referred to as Special Access services. Given the present debate over expanding...
Persistent link: https://www.econbiz.de/10013154170
Over the last several years, there have been substantial developments in the application of the price squeeze doctrine to fully-regulated electric utilities. This article examines the current developments in this area, and attempts to highlight the burdens potential litigants, both plaintiffs...
Persistent link: https://www.econbiz.de/10014069021
Recently, the Bush Administration decided not to seek Supreme Court review of USTA v. FCC (USTA II), where the D.C. Circuit eviscerated the Federal Communications Commission's unbundling rules promulgated pursuant to the Telecommunications Act of 1996. According to the Bush Administration, we...
Persistent link: https://www.econbiz.de/10014071108
Consider a bottleneck monopoly whose access charge is regulated above marginal cost and provides access to an oligopoly of downstream firms. Should the monopolist be allowed to vertically integrate into the downstream market? For the general run of oligopolistic market structures, we show that a...
Persistent link: https://www.econbiz.de/10014072817
An essential facility produces 'access', an essential input used by a competitive downstream industry. The access charge is regulated. The essential facility can vertically integrate into the downstream segment and sabotage rivals increasing their costs.We systematically study the vertical...
Persistent link: https://www.econbiz.de/10014074263
Regulating seaports is difficult in general, even more so for the weak regulatory institutions common in developing countries. For this reason some countries have awarded these facilities via Demsetz auctions, to the port operator that bids the lowest cargo-handling fee. A major concern with...
Persistent link: https://www.econbiz.de/10010369132
In many circumstances, a principal, who wants prices to be as low as possible, must contract with agents who would like to charge the monopoly price. This paper compares a Demsetz auction, which awards an exclusive contract to the agent bidding the lowest price (competition for the field) with...
Persistent link: https://www.econbiz.de/10010369246