There has been a surge of recent antitrust cases involving Internet-based industries around the world, including in Latin America. These types of industries present special challenges for authorities, as their analysis requires an understanding of the fast-paced, innovative, and multi-sided...

Many online businesses, including most of the largest platforms, seek and provide attention. These online attention rivals provide products and features to obtain the attention of consumers and sell some of that attention, through other products and services, to merchants, developers and others...

Africa: A continent is waking up. Not through aid or wealth from the exploitation of natural resources, but through a technological revolution. The access to affordable mobile telecommunication. Inspired by deregulation and pioneered by local champions who have taken a lead in what is today's...

I develop a general theory of monopoly pricing of networks. Platforms use insulating tariffs to avoid coordination failure, implementing any desired allocation. Profit-maximization distorts in the spirit of Spence (1975) by internalizing only network externalities to marginal users. Thus the...

This book has three main objectives: (a) to discuss the main implications that consumers' inability to make rational choices can have on the functioning of second pillars, (b) to describe how jurisdictions have tried to address these problems through ad hoc policy interventions, and (c) to...

This note analyses the competitiveness of different segments of the telecommunications markets in the five countries (United States, United Kingdom, Australia, New Zealand, and Chile) shows that those countries that have relied on a proper balance between antitrust and sector-specific regulation...

Among the countries that have fully liberalized their telecommunications sector, some have chosen to rely mainly on sector-specific rules often (but not always) applied by sector-specific institutions, while others have focused mainly on economy-wide antitrust rules and institutions to control...

Satellite radio competitors XM and Sirius recently announced their intention to merge their companies in a $13 billion deal. Recent financial statements show this merger is necessary. Although both stocks grew steadily through October of 2004, they hit a plateau after that and then began a...

The development of sound regulatory regimes, including institutions, norms and processes, is critical to ensure the effective and sustainable delivery of infrastructure services, promote private participation in such services, and facilitate workable competition in such services. In order to...