Launching and stimulating competition in telecommunications markets is an important policy goal. It contains two … elements: to encourage entry and to make competition effective such that consumers benefit. The first one requires that … to what extent such regulatory policy can stimulate competition. Our main finding is that, in the short run, asymmetric …

been steadily increasing and is rarely challenged by competitors. Existing competition laws and regulations have been … unable to make markets more contestable. The book argues that a new competition tool is needed: market investigations. This …