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This paper analyses whether scale economies exists in the UK telecommunications industry. The approach employed differs from other UK studies in that panel data for a range of companies is used. This increases the number of observations and thus allows potentially for more robust tests for...
Persistent link: https://www.econbiz.de/10014075200
In this article we chart the development of competition and deregulation of the British retail energy markets, explaining the evolution of competitive constraints when consumers are introduced to supplier choice for the first time. In the context of rising real energy prices for consumers, and...
Persistent link: https://www.econbiz.de/10014052667
The paper focuses on the cost characteristics of Internet technology and on the question whether there are monopolistic bottlenecks in Internet services which justify regulatory intervention into the market. The analysis is prompted by a discussion which followed the MCI and Worldcom merger in...
Persistent link: https://www.econbiz.de/10013066125
policy debate on interconnector expansion and studies two particular points. First, the effects of network regulation on the …
Persistent link: https://www.econbiz.de/10011797725
the efficient and the monopoly benchmarks. There remains a rationale for regulation, albeit reduced relative to the …, in which regulation has been imposed on what appears to be a competitive industry. We introduce a framework which … the termination charge being set at the monopoly level), and one analyzing mobile-to-mobile network interconnection (where …
Persistent link: https://www.econbiz.de/10012709299
This paper questions whether competition can replace sector-specific regulation of mobile telecommunications. We show …
Persistent link: https://www.econbiz.de/10014217206
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
Persistent link: https://www.econbiz.de/10011704678
transition from regulation to product market competition. First, we develop a theoretical framework that models this particular …
Persistent link: https://www.econbiz.de/10012749984
This paper offers a framework for regulating internalities. Using a simple economic model, we provide four principles for designing and evaluating behaviorally-motivated policy. We then outline rules for determining which contexts reliably reflect true preferences and discuss empirical...
Persistent link: https://www.econbiz.de/10013027352