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The distinguishing feature of two-sided markets is that the pricing structure, that is, the relative prices charged to each side, matters. Regulators need to understand and account for the interdependence of prices in both sides. Some interventions that lower the prices on one side can result in...
Persistent link: https://www.econbiz.de/10013001054
This paper investigates the conditions that lead to the so-called 'waterbed' effect in the context of price regulation …. This is the effect whereby regulation of one of the prices of a multiproduct firm causes one or more of its other … price cap. Some implications for market definition, welfare analysis of regulation, non-price competition, collusion and two …
Persistent link: https://www.econbiz.de/10012731732
We analyze a repeated setting of an asymmetric, differentiated telecommunications market with an incumbent and an entrant. The entrant may roll out its own network or use parts of the incumbent's network. The incumbent is established in the market, while the entrant gradually builds up a track...
Persistent link: https://www.econbiz.de/10012735812
This paper studies, using a two-sided market framework, the impact of regulation on platform's pricing scheme, on ….e. Net Neutrality regulation, will be more network users, more investment, and welfare is higher. If profit …-maximizing platform cannot charge buyers there will be more investment than without the regulation. If on top of not charging buyers …
Persistent link: https://www.econbiz.de/10012710676
The neutral architecture of the Internet is being challenged by various parties, such as network operators providing the connections to end-users, who are interested in gaining control of the information exchanged over the Internet. What are the effects on competition and welfare of such...
Persistent link: https://www.econbiz.de/10012753956
This paper investigates telecommunication operator investment in broadband infrastructure after local deregulation of the wholesale broadband access market. Using a panel dataset covering all 5,598 exchange areas in the United Kingdom, we exploit regional differences in deregulation following a...
Persistent link: https://www.econbiz.de/10010209868
This paper discusses the relevant cost standard for the economic replicability test for Next-Generation Access (NGA) networks, described in the Recommendation on Costing and Non-discrimination adopted by the European Commission. We demonstrate that a cost standard that implies fully fixed and...
Persistent link: https://www.econbiz.de/10010211212
difficult to achieve at the same time. In this paper, we consider price regulation in the retail and wholesale market and answer … access price regulation is an effective instrument to make the entrant and consumers better off …
Persistent link: https://www.econbiz.de/10013320606
regulation. In our example, the termination rates have been part of a vertical restriction strategy. The observed network … competition, rest on a cost-based asymmetric price regulation. The further research allows a statistical assessment of the … asymmetric price regulation implemented by the Mexican regulatory authority during January 2013 to June 2017. This paper …
Persistent link: https://www.econbiz.de/10012012970
telephone calls, sending text messages, or using data services in other EEA countries. The regulation was designed to create a … digital domestic market without adversely affecting consumers. The regulation raises the expectation of changes in mobile …
Persistent link: https://www.econbiz.de/10011794230