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The paper addresses the question of pricing access to the network facilities of an incumbent firm after deregulation. Network access pricing continues to be regulated in such industries as telecommunications, railroads, electric power and natural gas. We emphasize that access prices should be...
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royalties. The experience of telecommunications regulation in the United States, from the AT&T divestiture in the early 1980s to …
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experiences with antitrust law and sector-specific regulation. In the United States and the European Union, the topic of remedies … in network industries cuts across antitrust law and sector-specific regulation, including telecommunications. The legal … remedies are generally imposed through sector-specific regulation, though such remedies may also be imposed on the basis of …
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Around the world, regulators since 1996 have mandated that incumbent local exchange carriers (ILECs) offer competitors access to their network at regulated prices that reflect forward-looking cost. Regulated prices for unbundled network elements are based on total element long-run incremental...
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