Opinion polls suggest Scotland will reject independence, opening the way to a review of economic governance in the United Kingdom, a complex quasi-federal, asymmetric system of administrations and parliaments, the result of ad hoc changes over decades. One party wants telecommunications...

The Scottish Government published proposals for the administration of an independent Scotland, its case for a vote in favour of independence in September 2014 and an outline of its manifesto in the Scottish parliamentary elections in 2016. Opinion polls continue to show that only about one...

In its December 1998 issue, the Federal Communications Law Journal published a law review article surveying the Federal Communication Commission's (FCC or Commission) international policy initiatives between 1985 and 1998. As that article explained, one of the centerpieces of the FCC's...

This Policy Bulletin makes use of regression analysis to demonstrate that differences in UNE-P prices both across States and within States are due to genuine cost differences and differences in TELRIC, and are not because of regulatory failure by the States. These findings confirm an obvious...

Fifty years ago, U.S. Supreme Court Justice Felix Frankfurter warned the Federal Communications Commission not to view competition in an abstract, sterile way. To illustrate the dangers of using such an abstract approach to the key issue of ILEC market power, this paper uses the Commission's...

Better regulation is intended to serve as a framework to increase economic competitiveness, ensuring that legislation and rules imposed by all levels of government are proportionate and will help deliver more jobs and economic growth. Legislation and regulations at all levels which might have a...

Hong Kong has only had cross-sector competition law since 2015, but the city’s telecommunications markets have been subject to sector-specific antitrust provisions for over two decades. The importance of nurturing an efficient, innovative, and competitive telecoms industry for Hong Kong’s...

The United States has asymmetric regulation of the provision of broadband Internet access service. A cable television system operator is not regulated in its sale of cable modem service. In contrast, an incumbent local exchange carrier (ILEC) that offers digital subscriber line (DSL) service...

In the beginning of fixed network liberalisation in Europe in the late 1990s, the main concern of regulators was to lower calls prices. This was done by introducing wholesale regulation and promoting service based competition. Some years later, the concern of some regulators turned from too high...

This paper looks at the effects of different forms of wholesale and retail regulation on retail competition in fixed network telephony markets. We explicitly model two asymmetries between the incumbent operator and the entrant: (i) While the incumbent has zero marginal costs, the entrant has the...