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difficult to achieve at the same time. In this paper, we consider price regulation in the retail and wholesale market and answer … access price regulation is an effective instrument to make the entrant and consumers better off. …
Persistent link: https://www.econbiz.de/10011409202
I claim that the urgently needed telecommunications regulatory reform must rest on three specific principles or policies for enhancing economic efficiency. First, the pursuit of a dynamic regulatory approach based on implementing proper competition processes and information systems rather than...
Persistent link: https://www.econbiz.de/10012734857
Robert Bork's Antitrust Paradox (1978) has been justification for lack of antitrust behavior for over four decades. His test essentially asks if consumers are harmed by the pricing practices of the firm in the market in which they purchase the good or service. Even if these firms are monopoly or...
Persistent link: https://www.econbiz.de/10012804859
Platform businesses have been pivotal in the rise of the digital economy. Amazon is one example of a platform taking on the role of a quasi-regulator; an entity that is able to determine the terms of interaction on the platform. This intermediary position entails the danger of anti-competitive...
Persistent link: https://www.econbiz.de/10013233108
optimal regulation. We use the model to analyze an actual regulation of such a market by competition authorities in Finland … Ramsey regulation. While the Finnish regulation pushes the foreign fee downwards towards its socially optimal level, the … regulated fees are likely to remain too high from the welfare point of view. In contrast with the actual regulation, it would be …
Persistent link: https://www.econbiz.de/10013036293
difficult to achieve at the same time. In this paper, we consider price regulation in the retail and wholesale market and answer … access price regulation is an effective instrument to make the entrant and consumers better off …
Persistent link: https://www.econbiz.de/10013320606
The internet giants - Facebook, Amazon, Netflix and Google, among others - have transformed society with both positive and negative effects. The negative effects have been stark. There have been huge disruptions caused by e-commerce. More recently, subtler, but even more serious negative effects...
Persistent link: https://www.econbiz.de/10012151937
industry-wide competition and consumer welfare are antitrust law and regulation. This is no less true in the professional … sports and telecast industries. The collision of these two industries has resulted in a labyrinth of regulation and, arguably …
Persistent link: https://www.econbiz.de/10014158283
International mobile roaming has been subject to market interventions since the 1990s, first requiring operators to be provide customers with roaming, then trying to limit the increasing prices, that were seemingly immune to the effects of competition. The European Commission, in trying to...
Persistent link: https://www.econbiz.de/10013094663