effect of infrastructure-based competition between xDSL broadband and cable-TV broadband subscriptions on investments. We use …

. The results of our analysis are linked with a number of interesting implications for the competition authorities. First …

consumer welfare. The model consists of an investment stage with uncertain returns and subsequent quantity competition. The … access price is a function of investment costs and the regulatory regime. A regime with fully distributed costs or a … holiday, respectively. Risk-sharing benefits consumers as it combines relatively high ex-ante investment incentives with …