Using the Laffont, Rey and Tirole (1998) framework, a model of competition between vertically integrated telecommunications networks in a deregulated environment is developed. Two local operators compete in linear and non linear tariffs (i.e. two-part tariffs) in the subscribers market. In...

We examine theoretically and empirically the relationship between access regulation, financial structure and investment decisions in network industries, analyzing if financial variables can be used as a strategic device to influence the regulator’s price setting decisions. Using a panel of 15...

In this study we investigate the role played by the state as controlling shareholder in setting CEO incentives. Analyzing listed telecommunication companies from 13 European countries during 1999-2013, we measure the difference between the state and a private dominant shareholder in setting CEO...