Recent events, such as the California energy crisis, the failures of the UK's railways, and the consequences of the third-generation (3G) mobile licence auctions, have called into question the European reliance on a strategy of network industry liberalization. Substantial concentration in energy...

The deployment of Next Generation Networks (NGNs) is attractive from both technical and social perspectives, but market forces may not suffice to trigger the desired levels of investment. Cave (2004) and the European Commission (2010) describe how National Regulatory Authorities (NRAs) have...

The existing literature on access price and investment has pointed out that networks underinvest under a regime of mandatory access provision with a fixed access price per end-user. In this paper we propose a new access pricing rule, the indexation approach, i.e., the access price, per end-user,...

This paper analyzes one-way access and, in particular, local loop unbundling (LLU) in telecommunications markets. At present, LLU seems most promising as a means for entrants to offer broadband internet access. As voice telephony can be implemented by using the 'internet protocol' when consumers...

Capacity-based interconnection (CBI) prices vary exactly with the costs a network provider incurs when supplying an interconnecting party. That is, they equal incremental costs, rather than being averaged over any output measure. We argue such prices (1) are as practicable and more efficient...

Capacity-based interconnection (CBI) prices vary exactly with the costs a network provider incurs when supplying an interconnecting party. That is, they equal incremental costs, rather than being averaged over any output measure. CBI prices can resemble bill and keep. For two-sided...

This Article offers an all-new solution to the problem of interconnection between telecommunication networks. According to the FCC's proposal, interconnection between Local Exchange Carriers (LECs) and long-distance carriers would be mandatory and all charges demanded by LECs for outgoing and...