Gans, Joshua S.; King, Stephen P. - In: Australian Journal of Management 27 (2002) 1, pp. 75-86
, telecommunications networks. We develop two models, the first that involves fixed market shares and the second, based on the work of … termination regulation to non-dominant networks lowers call prices and is unambiguously welfare improving. However, if networks … actively compete for subscribers then extending termination charge regulation to a non-dominant network may lead to higher call …