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We analyse competition between perfectly substitutable networks. Monopolization can be sustained in equilibrium by asymmetric access prices whereby entry is deterred by a set of margin squeezes. A regulatory package consisting of (i) mandatory interconnection; (ii) reciprocal access prices;...
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In this paper, we take a critical perspective on the common regulatory reply to deal with call termination on mobile networks. The current policy tendency to deal with fixed-to-mobile call termination is to restrict attention to the defined relevant market (call termination on single networks is...
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Recent deregulation of telecommunications in the US and elsewhere has highlighted the importance of interconnection in … network industries. In this paper, we analyse interconnection in a deregulated network where the participants compete in the … incumbent. In the later case, network externalities allow the incumbent to use the terms of interconnection to maintain its …
Persistent link: https://www.econbiz.de/10014063151
Recent deregulation of telecommunications in the U.S. and elsewhere has highlighted the importance of interconnection … in network industries. In this paper, we analyze interconnection in a deregulated network where the participants compete … the incumbent. In the latter case, network externalities allow the incumbent to use the terms of interconnection to …
Persistent link: https://www.econbiz.de/10014083181