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network effects leading to potentially increased demand, regulation can substantially lower aggregate social welfare … investment to build up its network. Assuming a skewed distribution of consumers, our model leads to an asymmetric market … structure with one firm choosing higher investments. While access regulation imposed on the dominant firm leads to lower prices …
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its components) and the service markets (telephony, mobile internet, SMS). In contrast to most other network-based markets …European mobile communication markets are two-stage markets which are composed of the infrastructure (the network and … there are multiple fully integrated providers which keep their own network and offer services on their network. Following …
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network industries. In this paper, we analyse interconnection in a deregulated network where the participants compete in the … incumbent. In the later case, network externalities allow the incumbent to use the terms of interconnection to maintain its …
Persistent link: https://www.econbiz.de/10014063151
in network industries. In this paper, we analyze interconnection in a deregulated network where the participants compete … the incumbent. In the latter case, network externalities allow the incumbent to use the terms of interconnection to …
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Network shares and retail prices are not symmetric in the telecommunications market with multiple bottlenecks which … give rise to new questions of access fee regulation. In this paper we consider a model with two types of asymmetry arising …
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