What is a good balance between competition and coordination in network industries? Network unbundling aims to promote … competition, but this has to be balanced against the downside of unbundling: firm-internal coordination falls away and must be … coordination. This paper examines three persistent sources of flawed coordination: 1) a regulation versus unbundling dilemma, 2 …

competencies for the regulation of the European network industries. …The paper starts with a description of major reforms of EU policy in the network industries. Based on the normative … economics of regulation, it then points out generic information and transaction cost problems of regulatory policy making. An …

Unbundling of vertically integrated utilities has become an integral element in the regulation of network industries … and has been implemented in many jurisdictions. The idea of separating the network, as the natural monopoly, from … downstream retailing, which may be exposed to competition, is still subject to contentious debate. This is because there is much …

regulations, we aim to halve the size of the unregulated large option. Compared to the regulation-free baseline, sellers facing a …

This chapter is organized as follows: In section 2 the historical roots of third par-ty access regulation are …-work, based on modern network economics, for the evaluation of third party ac-cess policies is provided. In section 4, the gradual … process of market opening for railway transport services and the evolution of third party access regulation in Europe are …

This paper investigates the impacts of the current roaming rules on domestic competition and welfare. We consider a … wholesale roaming charges can be sensitive to this regulatory regime. Since introducing a fair use clause in roaming regulation …

of regulation on R&D investment. Nearing competition has a dampening effect on R&D spending, but once the market and … regulatory framework conditions have been established, higher levels of competition positively influence R&D. Our results further … indicate that the relation between competition and innovative investment can be described as inverted U-shaped. Finally, we …