This paper assesses the integration strategy of the European Union in regulated network markets. The paper argues that in these markets integration should not be an end in itself. In regulated markets the conventional gains from trade or freedom of establishment may be outweighed by significant...

This paper provides a review of the telecommunications policy of the European Union. We discuss the motivations for the Commission's regulatory choices and provide some evidence on their performance. We find that the outcome of the first regulatory period varied significantly between member...