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reducing prices to increase market share, even though investment in the development of networks is slowing under the impact of …
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believe that sectors without well-developed financial markets will benefit from sector-specific regulation of investment …
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We provide evidence of an inherent trade-off between access regulation and investment incentives in telecommunications … accommodates: different investment incentives for incumbents and entrants; a strategic interaction of entrants' and incumbents … investment. Thus promoting market entry by means of regulated access undermines incentives to invest in facilities …
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