This paper provides an overview of telecommunications regulation in the U.S. and in Europe. For each region the history of telecommunications regulations as well as the current regulatory regime is portrayed. The focus of this overview is on the question of how unbundling regulations in the...

Price cap regulation uses a formula, set in advance, to determine the price increases for a firm's services for a period of several years. During this period, the firm may keep all the benefits of its incremental productivity gains. Customers can also benefit because the price cap formula may...

Over the past decade, the national communications agency in America, the Federal Communications Commission (FCC), went through a period of significant regulatory transformation in the area of high-speed, broadband Internet regulation. This paper will describe some of the key elements and...

The recent Microsoft antitrust case had many profound implications, one of which was possible insight into the changing role of economics in antitrust. Microsoft started out as a "post-Chicago" theoretical case in which game theory and asymmetric information models suggested the software firm...

Regulatory reform efforts in a broad range of industries have resulted in increased importance of competitive forces as a means to allocate resources and improve economic efficiency. A number of indicators suggest that such forces have been stronger in the United States than in most other OECD...