Many platforms that facilitate transactions between buyers and sellers charge ad valorem fees in which fees depend on the transaction price set by sellers. Given these platforms do not incur significant costs that vary with transaction prices, their use of ad valorem fees has raised...

In this thesis, I have examined whether the current approach to competition policy is suitable for the distinct characteristics of the digital economy. It is particularly difficult to define the relevant market and rely on market share test as a proxy for market power in the digital economy...

The introduction of liberalisation and concepts such as third-party access, network ownership unbundling and competition in the EU’s internal energy market following the first, second and third sets of EU legislative packages and directives had the effect of requiring Member States to...

The purpose of this article is to review the major results in the literature regarding stranded costs. Despite the starting differences in the areas of research included in the paper, they have one characteristic in common: all recognize that during the last decades, the treatment of stranded...

Recovery of stranded costs is perhaps the most litigious issue encountering regulators in promoting competition in United States and European utility industries. We build a dynamic model of Cournot competition which takes into account a particular regulatory mechanism regularly employed in...

In this paper we have developed a model which analyzes price competition in the deregulated Spanish electriciy market. This model is the first to take explicitly into account the mechanism designed in the recent Spanish electricity law for settling stranded costs payments. We show that stranded...

The plan announced last week in Philadelphia to create a government-owned wireless broadband network isn't needed, is economically and technologically unsound and will put the city's taxpayers at great financial risk. The Wireless Philadelphia Business Plan promises (1) ubiquitous broadband...

Although recent international broadband penetration rankings have Congress concerned about U.S. broadband policy, these statistics should not play a large role in forming U.S. broadband policy, as they fail to take into account geographic factors, demographic factors and consumer preferences...

Congress and the FCC should free over the air broadcast radio from regulations that are not imposed on its competitors to allow it to compete with satellite radio and other media. Furthermore, the playing field is best leveled by deregulating down, rather than regulating up with new restrictions...

Currently, the Internet is characterized by excess capacity, which benefits consumers and producers of Internet-based services alike. High quality and declining prices of interconnection are the basis for many e-commerce, software and equipment businesses. However, tough competition in the...