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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
structure with one firm choosing higher investments. While access regulation imposed on the dominant firm leads to lower prices … network effects leading to potentially increased demand, regulation can substantially lower aggregate social welfare …
Persistent link: https://www.econbiz.de/10010260943
Airport regulations can take the form of cost-based, incentive, single-till and dual-till regulations. The present chapter highlights that no regulatory regime can solve all pricing and investment problems involved in airport operations at once when airports control prices in the areas of...
Persistent link: https://www.econbiz.de/10012859267
Price control can restore efficiency in some cases, but an uncarefully designed policy fails to restore efficiency, yields side effects, or even exacerbates efficiency losses. This paper shows that the copyright royalty rule, which takes the greater of ad valorem royalties and perunit royalties,...
Persistent link: https://www.econbiz.de/10012959495
In this paper is analyzed the regulation of access to and activity of certain professions, namely of lawyers and … physicians. A quick review of the economic theory of regulation of professions, namely (a) Why regulate, (b) How to regulate, and … by Norway, the UK [England and Wales] and Belgium perform better in terms of efficient regulation, whereas Germany …
Persistent link: https://www.econbiz.de/10014067798
sector regulation and objectives as a context within the process of implementation of competition law in the energy sector … and third, we will investigate how sector regulation in energy sector incorporates competition law principles and affirms … combined with the need for effectiveness and focus on other than competition objectives of sector regulation and we will result …
Persistent link: https://www.econbiz.de/10013134857
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