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Few phrases in public policy have become so overused so quickly as the information highway. Although it is unclear to many what that superhighway is or will be, this uncertainty has not prevented proposals to regulate the superhighway from being made. In this Article, we examine the economic...
Persistent link: https://www.econbiz.de/10014127472
Facebook, Amazon, Netflix and Google, as well as Twitter – the FANG companies – have transformed society with both positive and negative effects. Soaring consumer access to information, news, social networks, and entertainment has been stimulated by the ever-more ubiquitous and falling...
Persistent link: https://www.econbiz.de/10011990829
There can be no doubt that the FANG companies – Facebook, Amazon, Netflix and Google, as well as Twitter – have transformed society since their emergence. Like all social transformations, the changes wrought by their services have had ripple effects that are both positive and negative. On...
Persistent link: https://www.econbiz.de/10012010582
Behavioral economics is influencing regulatory initiatives in many nations, including the United States and the United Kingdom. The role of behavioral economics is likely to increase in the next generation, especially in light of the growing interest in low-cost, choice-preserving regulatory...
Persistent link: https://www.econbiz.de/10013086622
economic regulation with competition law and policy. This part deliberates on the peculiarities of the latter framework, such …, such as possible regulation of space tourism under air law, airline ownership and control, balance between aviation safety …
Persistent link: https://www.econbiz.de/10012892534
make new regulations more economically efficient. First, before designing a regulation, regulators should define the … problem the regulation is supposed to address, which should include determining whether a widespread and systemic problem …
Persistent link: https://www.econbiz.de/10013048672
experiences with antitrust law and sector-specific regulation. In the United States and the European Union, the topic of remedies … in network industries cuts across antitrust law and sector-specific regulation, including telecommunications. The legal … remedies are generally imposed through sector-specific regulation, though such remedies may also be imposed on the basis of …
Persistent link: https://www.econbiz.de/10014102574
Persistent link: https://www.econbiz.de/10012991958
The paper discusses the respective roles of competition policy and sector-specific regulation for industries such as … when competition policy and to sector-specific regulation apply to a given industry at the same time. The discussion refers … parts of the industry should be subject to regulation, and (iii) the recent cases in the telecommunications and postal …
Persistent link: https://www.econbiz.de/10003861816
-private competition, the benchmarking process described in this paper does not make use of coercive regulation and leaves the competitive …
Persistent link: https://www.econbiz.de/10008738339