cornerstone of market definition and therefore of effective regulation. This paper explores the access substitution between fixed …

liberalisation and the introduction of regulation in the end of the 1990s, however, allowed new entrants to compete with incumbents … Switzerland) continued to have partially binding retail price regulation. More than a decade after liberalisation and the … introduction of wholesale and retail price regulation, sufficient data is available to empirically measure the success of …

existence and magnitude of this effect. Our results suggest that although regulation reduced termination rates by about 10 …

This paper considers the impact of European telecom regulation on the value of affected companies. Employing a … repeating AR-GARCH model, I compare the effect of three types of regulation which are categorized based on the addressed subject …, i.e. cross-market, country-specific and company-specific regulation. While standard event study approaches are a special …

We empirically assess whether a usually expected negative response of private consumption and private investment to a … there is a fiscal consolidation; iii) there is a crowding-in effect for private investment, from fiscal contractions …