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The existence and the use of the essential facilities doctrine was questioned in theory and in practice. Although the … doctrine was developed in antitrust, it became a frequently cited notion in the regulation of network utilities. Its relevance … the doctrine in competition polcy and regulation in the EU and Hungary. The next section is devoted to the controversies …
Persistent link: https://www.econbiz.de/10010494409
The EU agenda for improving competitiveness is missing in action. Economic competitiveness has been a central plank in the development of the European Union - a relentless quest for policies that lead to more prosperity and that make European companies in world markets more successful. However,...
Persistent link: https://www.econbiz.de/10014560176
aims at systemizing and enhancing scientific theory of network economies according to the particularities of transport …
Persistent link: https://www.econbiz.de/10014433949
This paper analyzes the effects of supervisors' (i.e., regulators and judges) selection rules on regulated prices. A checks and balances' regulatory review process strengthens the role of the judicial power and election increases the populism of implicitly motivated supervisors. Election arises...
Persistent link: https://www.econbiz.de/10010312360
This paper investigates the design of incentives in a dynamic adverse selection framework when agents' production technologies display learning effects and agents' rate of learning is private knowledge. In a simple two-period model with full commitment available to the principal, we show that...
Persistent link: https://www.econbiz.de/10010315563
We discuss the benefits of net neutrality regulation in the context of a two-sided market model in which platforms sell …. When access is monopolized, we find that generally net neutrality regulation (that imposes zero fees on the other side of …
Persistent link: https://www.econbiz.de/10010320106
use of the Doing Business database, we find, consistent with our theory, evidence that international openness reduces …
Persistent link: https://www.econbiz.de/10010320207
Why do so many high-priced acquisitions of entrepreneurial firms take place in network industries? We develop a theory …
Persistent link: https://www.econbiz.de/10010320239
This article studies the problem of regulating a monopolist with unknown marginal cost. The originality of the paper is to consider that the regulator faces a cash-in-advance constraint. The introduction of such a constraint not only reduces the amount of public good provided but also limits the...
Persistent link: https://www.econbiz.de/10010263052
shows that these problems do not automatically imply that sector specific regulation is warranted. The same hold for the … specific regulation of mobile telephone markets. The social welfare loss that would arise from such regulations are estimated …
Persistent link: https://www.econbiz.de/10010263392