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-based firms. We focus on asymmetric regulation regarding servicebased firms' access to the infrastructure held by a facility … facility-based firm to make upgrades if access prices are not regulated. The existence of rival facility-based firms … effect is significant. Furthermore, if access prices are not regulated, the existence of rival facility-based firms weakens …
Persistent link: https://www.econbiz.de/10010332381
highly concentrated. Access to fixed and mobile infrastructure is a challenge, in spite of regulations mandating access in …
Persistent link: https://www.econbiz.de/10012424070
Persistent link: https://www.econbiz.de/10010279099
This paper investigates the incentives to invest in improving the quality (as distinguished to investment in a new … activity) in telecommunication industry using the empirical example of wireless markets. We highlight that investment … intensity and penetration rate. We show that there is a target amount of investment for each national market that firms strive …
Persistent link: https://www.econbiz.de/10010309706
pricing and third party access. To develop a regulator's strategy that allows investments and prevents monopolistic prices at … decision whether to invest or not depends on the probability of regulation and its assumed impact on investment returns …. Depending on the incumbent's expectation on these parameters, he will decide if the investment is favourable, and which price to …
Persistent link: https://www.econbiz.de/10010263483
highlights the fact that investment in technical progress is an authentic type of competition which benefits the consumers rather … firms through investment, is high enough. Competition is, in fact, made up of two components: A static one which is known as …
Persistent link: https://www.econbiz.de/10010304268
particular, it focuses on broadband investment made by entrants. Starting from late Nineties telecommunications incumbents of … negative or null impact of unbundling obligations on incumbents' investment, research on the relationship between LLU and new … entrants' investment, albeit growing, has not yet reached a coherent body of results. We have tested two propositions. First …
Persistent link: https://www.econbiz.de/10010307331
retailer needs access to the input produced by the wholesaler to operate. The incumbent can make an investment that improves … overcoming the dynamic consistency problem of regulatory policy towards investment. We model the industry as a regulated duopoly … the quality of the input produced by the wholesaler. The regulator sets the access price and is unable to commit. The …
Persistent link: https://www.econbiz.de/10010307446
Radio spectrum represents a scarce resource assigned to operators by national regulatory authorities through auctions, beauty contests or other mechanisms, aimed at introducing sufficient incentives for an optimal use of such a resource. A prerequisite for designing efficient assignment methods...
Persistent link: https://www.econbiz.de/10010471607
most relevant regulatory measures - that is, co-investment models as well as different types of access regulation - we … step into the right direction, the expected effects on investment incentives as well as substantial implementation …
Persistent link: https://www.econbiz.de/10011688197