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Pricing algorithms are rapidly transforming markets, from ride-sharing apps, to air travel, to online retail. Regulators and scholars have watched this development with a wary eye. Their focus so far has been on the potential for pricing algorithms to facilitate explicit and tacit collusion....
Persistent link: https://www.econbiz.de/10013310934
The Federal Communications Commission’s proposed net neutrality rules would, among other things, prohibit broadband access providers from prioritizing traffic, charging differential prices based on the priority status, imposing congestion-related charges, and adopting business models that...
Persistent link: https://www.econbiz.de/10014189905
The Telecommunications Act of 1996 (the "1996 Act"), by stressing the reduction or elimination of entry barriers that prevent the fragmentation of market structure and an increase in the number of competitors, established competition and deregulation as the foundation for public policy towards...
Persistent link: https://www.econbiz.de/10014028963
Under Section 629 of the Communications Act, Congress directed the FCC to adopt regulations to promote a retail market for set-top boxes. The Commission's first attempt was the ill-fated CableCard experiment, which - by the Commission's own admission - was a dismal failure. In response, the...
Persistent link: https://www.econbiz.de/10013131476
good reasons to suspect the use value of larger carriers exceeds that of smaller carriers. Economic theory therefore …
Persistent link: https://www.econbiz.de/10013081547
In this Policy Bulletin, we evaluate Network Neutrality proposals from the standpoint of consumer welfare and economic efficiency by presenting a cost/benefit analysis framework for examining the effect on consumers of Network Neutrality proposals that would limit operators from injecting...
Persistent link: https://www.econbiz.de/10012711640
The purpose of this Policy Bulletin is to determine whether wireline and wireless telephone services are close enough substitutes to be effective intermodal competitors. Using the standard tools of antitrust economics, this Policy Bulletin presents evidence indicating that wireless is not an...
Persistent link: https://www.econbiz.de/10014072137
The case for regulating the Internet has not been made. Proposed rules mandating network neutrality are not in response to evidence of market failure or widespread consumer harm, could deter investment in broadband deployment, and raise First Amendment concerns. Regulatory advocates' assertions...
Persistent link: https://www.econbiz.de/10014199553
In this paper we especially focus on the issue of incentives to invest in relation to forced sharing of essential facilities and infrastructure in developing markets, where innovation plays a key role. We evaluate the economic consequences of third party access to the obliged to grant access...
Persistent link: https://www.econbiz.de/10013068822
One of the most heated debates in the current efforts to re-write the Communications Act has been whether the federal government should impose "Network Neutrality" requirements on broadband service providers. While we argue neither for nor against the need for Network Neutrality legislation in...
Persistent link: https://www.econbiz.de/10014050797