The paper focuses on the cost characteristics of Internet technology and on the question whether there are monopolistic bottlenecks in Internet services which justify regulatory intervention into the market. The analysis is prompted by a discussion which followed the MCI and Worldcom merger in...

This paper offers a framework for regulating internalities. Using a simple economic model, we provide four principles for designing and evaluating behaviorally-motivated policy. We then outline rules for determining which contexts reliably reflect true preferences and discuss empirical...

The German electricity market has recovered well from the 2022 energy crisis. Policymakers should now redirect the focus of energy policy to further expanding renewable energy sources. The year 2023 showed that the German electricity supply remained secure following the shutdown of nuclear power...

This paper aims to investigate the main determinants of Telecommunications demand for European countries (EU). For this reason, a panel data set is used consisting of 19 EU countries over the period 1991-2010 capturing the years before and after the liberalization process. The goal is to clarify...

The effects of mergers on the media marketplace have historically failed to live up to dire predictions. Mergers are often a response to technological upheaval and turbulence in the media industry and firms should be allowed to experiment with such alternative business models with the intent on...

Energy products such as power, gas, and oil have long been the world's premier commodities. Consumers demand that power and fuel are available when they want it and they prefer to pay less for it. Few know or care where their fuel or power comes from. So for years energy companies believed that...

The global transition towards sustainable, secure, and affordable electricity supply is driving changes in the consumption, production, and transportation of electricity. This paper shows the different policy aims that are promoted with smart grids in Europe, the United States, and China. In all...