Countries with fully liberalized telecommunications markets have adopted different mixes of antitrust and sector-specific regulatory instruments. Does the balance between the two approaches matter for competitiveness? Drawing on the experiences of Australia, Chile, New Zealand, the United...

Under concession arrangements, the state delegates to the private sector the right to provide a service, yet retains some control over the sector by incorporating in a concession contract or license the terms and conditions that will govern the infrastructure project or company. This approach is...