There is now strong interest among governments in allocating public funds for the purpose of promoting investment in very high speed broadband. Motives include industrial policy, and the attainment of equity objectives and of economic recovery. The paper examines the various dimensions of choice...

In the course of encouraging competition in telecommunications markets, regulators in both Australia and the UK are developing proposals to impose accounting separation upon dominant incumbents. This paper examines the logic behind accounting separation as an alternative to structural...