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...

Market definition for antitrust purposes is by now firmly rooted in economic analysis both in the US and the EU, even if the approaches are slightly different. This paper examines the theoretical basis for the legal definitions and assesses whether the general principles need to be adapted when...