We analyze a repeated setting of an asymmetric, differentiated telecommunications market with an incumbent and an entrant. The entrant may roll out its own network or use parts of the incumbent's network. The incumbent is established in the market, while the entrant gradually builds up a track...

Cover -- Half-title -- Title -- Copyright -- Contents -- Figures -- Tables -- Preface -- Frequently used symbols -- License agreement -- Warranty disclaimer -- 1 Introduction -- 1.1 Motivation -- 1.2 Contribution to existing literature -- 1.3 Approach -- 1.3.1 Game theory and industrial...

This paper presents a basic framework to assess whether structural (vertical) separation is desirable. It is discussed within the setting of fixed telecommunications markets. From an economist's perspective, the key question that underlies the case for structural separation is: is there a...