transfer market shares or money. This paper develops a model of repeated Bertrand competition in a homogeneous market that … unregulated firm. The model assumes subscriber-based competition, the presence of switching costs, and asymmetry in the initial … of competition, and where the incumbent reciprocates by transferring money or market shares to the entrant …

area LATA) to another. Although the Telecommunications Act of 1996 superseded the MFJ, it retained the BOCs' interLATA …

According to static models of industrial organization, a rise in competition decreases prices. In this paper, I test … whether this conclusion can be reversed in the mobile telecommunications markets where dynamic efficiency effects might be … significant. The empirical test relies on the change in the intensity of competition introduced by the entry of the fourth mobile …