We provide evidence of an inherent trade-off between access regulation and investment incentives in telecommunications … accommodates: different investment incentives for incumbents and entrants; a strategic interaction of entrants’ and incumbents …’ investments; and endogenous regulation. We find access regulation to negatively affect both total industry and individual carrier …

-specific regulation, including telecommunications. The legal and economic understandings of a quot;remedyquot; are not synonymous in …. Microsoft Corp. presented the tradeoff between these various remedial alternatives. Industry-specific regulation, such as … regulation of the telecommunications industry by the Federal Communications Commission (FCC), is an alternative to reliance on …

credibility of regulation -- for example, by locking in principles through international agreements. And they generate maximum …