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Abstract In markets with competing interconnected networks like mobile telecommunication markets investments affect the investor’s and also any competitors’ profits. In a theoretical model it is shown that cost-reducing investments reduce the investor’s termination rates and increase...
Persistent link: https://www.econbiz.de/10010299497
Die Einführung neuer Endkundentarife für den festen Internetzugang durch die Deutsche Telekom hat die Netzneutralitätsdebatte erneut befeuert. Dabei geht es um die Frage, ob Endkundenanbieter bei der Übertragung von Daten im Internet bestimmte Dienste oder Inhalte gegen ein vom Sender oder...
Persistent link: https://www.econbiz.de/10011418817
Competition between parallel infrastructures incorporates opposing welfare effects. The gain from reduced deadweight loss might be out- weighed by the inefficient duplication of an existing infrastructure. Using data from broadband internet access for Western Europe 2000-2004, this paper...
Persistent link: https://www.econbiz.de/10010261482
This paper analyzes the incentives to invest in Next Generation Access Networks (NGA) in a framework with horizontal product differentiation with price competition between an investing and an access seeking firm. Given uncertainty about the success of the NGA, I compare regulatory regimes with...
Persistent link: https://www.econbiz.de/10010286379
This paper analyzes how competition works in mobile telecommuncations markets and, bases on this analysis, we discuss whether regulatory intervention in mobile telephone markets is justified from an economic perspective. Starting point of our analysis is the observation that an evaluation of...
Persistent link: https://www.econbiz.de/10010263392
Under ex ante access regulation entrants often claim that access fees are excessive. I show that this is only the case if further entry is admitted. If the entrant is protected from further entry it would agree with the incumbent upon a strictly positive access fee which may exceed the efficient...
Persistent link: https://www.econbiz.de/10010298680
Hybrid governance structures between markets and hierarchies in many industries, e.g., in energy and telecommunications, challenge antitrust and regulation policy. The paper focuses on the theoretical and methodological basis provided by the New Institutional Economics (NIE) for analyzing the...
Persistent link: https://www.econbiz.de/10010283001
This paper considers the impact of European telecom regulation on the value of affected companies. Employing a repeating ARGARCH model, I compare the effect of three types of regulation which are categorized based on the addressed subject, i.e. cross-market, country-specific and company-specific...
Persistent link: https://www.econbiz.de/10010303007
media content, including the AT&T-Time Warner and the Disney-Fox mergers. Using a theory-driven approach, we examine …
Persistent link: https://www.econbiz.de/10012015849
This paper examines mobile termination fees and their regulation when networks are asymmetric in size. It is demonstrated that with consumer ignorance about the exact termination rates (a) a mobile network's termination rate is the higher the smaller the network's size (as measured through its...
Persistent link: https://www.econbiz.de/10010263389