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Akin to many other European Union member states, over recent times the Luxembourgish telecommunications market is undergoing a process of market liberalisation, which is itself encapsulated by broader neoliberal tendencies. While many aspects of market liberalisation are similar to those in...
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This paper empirically assesses the impact of the intensity of competition on investment in new technologies within the mobile telecommunications industry. Using firm level panel data and an instrumental variable estimation it finds an inverted-U relationship between competition intensity and...
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Because of the reliance on market analysis, current competition law may not be sufficiently fit for taking account of disruptive innovation which leads to the introduction of new products or services overthrowing existing markets. In the US, innovation has been given a more prominent place in...
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We examine a game of competition with access provision in which service quality is endogenously determined through infrastructure upgrades with spillovers. There are two types of equilibria in the free competition regime. In particular, voluntary access provision with an access charge higher...
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