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In this paper we consider the problem of regulating an open access essential facility. A vertically integrated firm owns an essential input and operates on the downstream market under the roof of a regulatory mechanism. There is a potential entrant in the downstream market. Both competitors use...
Persistent link: https://www.econbiz.de/10014051294
This paper considers a vertically separated industry with an upstream monopolist who supplies an essential input to two downstream Cournot firms. This situation is relevant to a number of sectors, including the telecommunications industry where trunk operators must have access to the local...
Persistent link: https://www.econbiz.de/10014215832
We model the regulation of irreversible capacity expansion by a firm with private information about capacity costs …
Persistent link: https://www.econbiz.de/10014114923
In 1999, the FCC largely deregulated middle-mile or "special access" enterprise communications services, resulting in explosive growth of new competitors using new technologies, including cable, fiber-optics, and high-speed Ethernet loops. But in recent years the agency has expressed increased...
Persistent link: https://www.econbiz.de/10013002347
This chapter provides a comprehensive overview of the theoretical and empirical literature on the regulation of natural … institutions, price regulation with full information, price regulation with imperfect and asymmetric information, and topics on the … measurement of the effects of price and entry regulation in practice. The chapter also discusses the literature on network access …
Persistent link: https://www.econbiz.de/10014023494
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...
Persistent link: https://www.econbiz.de/10013066125
-based discrimination. Opponents find such regulation premature or unnecessary, noting that uniform treatment precludes higher quality …
Persistent link: https://www.econbiz.de/10013069754
This paper studies access pricing under three regimes: regulated access (VSR), negotiated access with discriminatory pricing (VSD) and negotiated access with non-discriminatory pricing (VSN). We compare each regime along three metrics: network quality, consumer surplus, and social welfare. To do...
Persistent link: https://www.econbiz.de/10012895972
Persistent link: https://www.econbiz.de/10013261081
foreclose copper-based efficient entrants. The tests we propose surpass the limits of the “ladder of investment” theory by …
Persistent link: https://www.econbiz.de/10010211212