The Economist puts it best: “The details around network neutrality, the principle that internet-service providers (ISPs) must treat all sorts of web traffic equally, can be mind-numbingly abstruse. But they fuel passion, nonetheless.” A primer already exists in Greenstein, Peitz and Valletti...

The market for the exchange of traffic among networks on the Internet has proved to be remarkably efficient and adaptable.While the issue of network neutrality has dominated policy debates in recent years, the evolution of this market has begun to provide answers to many of the questions raised...

The market for the exchange of traffic among networks on the Internet has proved to be remarkably efficient and adaptable.While the issue of network neutrality has dominated policy debates in recent years, the evolution of this market has begun to provide answers to many of the questions raised...

This paper examines incentives for exclusive distribution of content in the presence of advertising. A monopoly seller of content - such as televisation rights to popular sports - may contract with one or both of two competing distributors, charging lump-sum fees. When distributors are...

We apply the property rights theory of Grossman-Hart-Moore in the music industry and study the optimal allocation of copyright between the artists who create music and the labels who promote and distribute it. Digital technology opens up a role for new intermediaries. We find that entry of...

We apply the property rights theory of Grossman-Hart-Moore in the music industry and study the optimal allocation of copyright between the artists who create music and the labels who promote and distribute it. Digital technology opens up a role for new intermediaries. We find that entry of...

This paper is one of the major economic studies I submitted to the FCC in opposition to the proposed merger of Comcast and Time Warner Cable. After reviewing and rebutting some of the economic theories and evidence put forth by Comcast in support of the merger the paper presents an antitrust...

This paper identifies substantial flaws in how U.S. government agencies and courts assess the impact of proposed mergers by firms using broadband networks to reach consumers. Based on current market definitions, consumer impact assessments and economic doctrine, antitrust enforcement agencies...

We apply the property rights theory of Grossman-Hart-Moore in the music industry and study the optimal allocation of copyright between the artists who create music and the labels who promote and distribute it. Digital technology opens up a role for new intermediaries. We introduce a mentor, an...

The information and communication technologies (ICT) sectors are in a process of technological convergence. Determinant factors in this process are the liberalisation of the telecommunications markets and technological change. Many firms are engaged in a process of mergers and alliances to...