Lo spettro è una risorsa scarsa che è essenziale per l'offerta di importanti servizi ad alto valore aggiunto. Per questo motivo, lo spettro assume un valore economico rilevante, sia per le imprese ("broadcasters" e operatori telefonici) sia per i Governi. La transizione alla televisione...

We review recent proposals put forward by the Italian Regulator of Telecommunications (AGCOM) with the aim of reducing intrusive ex ante regulation in the industry. In particular, we discuss a) the abolition or relaxation of retail price control for the operator with significant market power, b)...

This paper first summarises the main results of the recent literature on competition in telecommunication networks, based on the models of Armstrong (1998) and Laffont et al. (1998). We then extend the basic framework by introducing an investment stage, prior to price competition, in order to...

Economic theory, as well as various countries' experiences, show that auctioning the spectrum works better than other allocation methods, such as beauty contests. As well as raising revenues, a well-designed auction assigns licences to the operators best able to use them. Auctions can also be...

This paper introduces a model of third-degree price discrimination where a seller's pricing power is constrained by buyers' outside options. Price uniformity performs more efficiently than discriminatory pricing, as uniform pricing allows weaker buyers to exploit the more attractive outside...