Bolle, Friedel; Breitmoser, Yves - 2006
(ownership unbundling), (ii) one of the network users is partially integrated with the operator and the others are disintegrated … (legal unbundling). We seek to understand when ownership unbundling leads to lower customer prices, and formalize necessary … conditions. In general, legal unbundling implies a less effective regulation, but it reduces the degree of market distortion …