Showing 1 - 10 of 12,598
service) is subject to regulation. In these industries, regulators are confronted with the potential exercise of market power … by the upstream affiliate when choosing the optimal form of downstream regulation. This paper finds that downstream … regulation in the form of price caps can eliminate the exercise of market power by the regulated firm's upstream affiliate. With …
Persistent link: https://www.econbiz.de/10014061584
; deregulation ; investment incentives ; access charges ; regulation …
Persistent link: https://www.econbiz.de/10001957196
We investigate how various institutional settings affect a network provider’s incentives to invest in infrastructure quality. Under reasonable assumptions on demand, investment incentives turn out to be smaller under vertical separation than under vertical integration, though we also provide...
Persistent link: https://www.econbiz.de/10001729423
This paper examines the effects of introducing competition into monopolized network industries on prices and infrastructure quality. Analyzing a model with reduced-form demand, we first show that deregulating an integrated monopoly cannot simultaneously decrease the retail price and increase...
Persistent link: https://www.econbiz.de/10012705918
Recent deregulation of telecommunications in the US and elsewhere has highlighted the importance of interconnection in network industries. In this paper, we analyse interconnection in a deregulated network where the participants compete in the final retail market. We consider both the case of a...
Persistent link: https://www.econbiz.de/10014063151
We investigate how various institutional settings affect a network provider's incentives to invest in infrastructure quality. Under reasonable assumptions on demand, investment incentives turn out to be smaller under vertical separation than under vertical integration, though we also provide...
Persistent link: https://www.econbiz.de/10014068135
Recent deregulation of telecommunications in the U.S. and elsewhere has highlighted the importance of interconnection in network industries. In this paper, we analyze interconnection in a deregulated network where the participants compete in the final retail market. We consider both the case of...
Persistent link: https://www.econbiz.de/10014083181
plans to implement revenue cap regulation together with yardstick competition. Revenue cap regulation could bear the ratchet … ; regulation …
Persistent link: https://www.econbiz.de/10009746192
We analyze how network regulation affects investment into network infrastructure and complementary services. While … regulation negatively affcets investment incentives in the regulated network market, the effects of network regulation on … infrastructure versus service quality. We also find constellations, where regulation can enhance perceived total quality. …
Persistent link: https://www.econbiz.de/10009538676
In response to the increasing popularity and economic impact of companies in the Internet ecosystem, the Federal Trade Commission is being implored with vocal but factually vacant calls to revisit its approach to antitrust, and in particular market power, barriers to entry and anti-competitive...
Persistent link: https://www.econbiz.de/10012892718