Regulation And Entry Into Telecommunications Markets PDF Download
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Author | : Paul de Bijl |
Publisher | : Cambridge University Press |
Total Pages | : 290 |
Release | : 2003-01-09 |
Genre | : Business & Economics |
ISBN | : 1139435779 |
Download Regulation and Entry into Telecommunications Markets Book in PDF, ePub and Kindle
This book analyses telecommunications markets from early to mature competition, filling the gap between the existing economic literature on competition and the real-life application of theory to policy. Paul De Bijl and Martin Peitz focus on both the transitory and the persistent asymmetries between telephone companies, investigating the extent to which access price and retail price regulation stimulate both short- and long-term competition. They explore and compare various settings, such as non-linear versus linear pricing, facilities-based versus unbundling-based or carrier-select-based competition, non-segmented versus segmented markets. On the basis of their analysis, De Bijl and Peitz then formulate guidelines for policy. This book is a valuable resource for academics, regulators and telecommunications professionals. It is accompanied by simulation programs devised by the authors both to establish and to illustrate their results.
Author | : Anastassios Gentzoglanis |
Publisher | : Edward Elgar Publishing |
Total Pages | : 369 |
Release | : 2010-01-01 |
Genre | : Political Science |
ISBN | : 1849805245 |
Download Regulation and the Evolution of the Global Telecommunications Industry Book in PDF, ePub and Kindle
After decades of liberalization of the telecommunications industry around the world and technological convergence that allows for increasing competition, sector-specific regulation of telecommunications has been on the decline. As a result, the telecommunications industry stands in the middle of a debate that calls for either a total deregulation of access to broadband infrastructures or a separation of infrastructure from service delivery. This book proposes new approaches to dealing with the current and future issues of regulation of telecommunication markets on both a regional and a global scale. This volume represents a valuable compendium of ideas regarding global trends in the telecommunications industry that focus on market and regulatory issues and company strategies. With an international cast of contributors, Regulation and the Evolution of the Global Telecommunications Industry also provides insight into topics including: mobile Internet development, structural function and separation, global experiences with next generation networks, technology convergence and the role of regulation, and the regulatory impact on the balance between static and dynamic efficiencies. The empirical evidence and experiences presented here illustrate the diversity of thoughts and research that characterize this important area of academic and business research. Thus, it will be a critical reference for scholars and students of regulatory economics, policy and finance and researchers and administrators of the telecom industry.
Author | : Paul de Bijl |
Publisher | : |
Total Pages | : 30 |
Release | : 2005 |
Genre | : |
ISBN | : |
Download Dynamic Regulation and Entry in Telecommunications Markets Book in PDF, ePub and Kindle
We analyze a repeated setting of an asymmetric, differentiated telecommunications market with an incumbent and an entrant. The entrant may roll out its own network or use parts of the incumbent's network. The incumbent is established in the market, while the entrant gradually builds up a track record for quality. We investigate different entry strategies and regulatory policies and discuss entrants' incentives to invest in network depending on regulatory choices.
Author | : J. Gregory Sidak |
Publisher | : Springer Science & Business Media |
Total Pages | : 86 |
Release | : 2012-12-06 |
Genre | : Business & Economics |
ISBN | : 9401006407 |
Download Competition and Regulation in Telecommunications Book in PDF, ePub and Kindle
This volume brings together academic economists and lawyers to evaluate and compare the regulation of telecommunications markets in Germany and the United States. The unifying theme in all of the pa pers is that the goal of public policy in this area should be to make the broadest and most functional competition possible by means of an ap propriate regulatory framework. Because the European and American telecommunications markets are becoming more intertwined each day, the issues addressed in this volume will be topical to the business, government, and academic communities for some time. For the chairman of the Monopoly Commission, Wernhard Moschel, the opening of the German telecommunications market has been successful in principle. This is clearly recognizable in the case of the competition in long-distance transport. Based on the view that the regulatory authority should make itself obsolete, Professor Moschel advocates an incremental review and gradual reduction of regulation.
Author | : Brigitte Preissl |
Publisher | : Springer Science & Business Media |
Total Pages | : 517 |
Release | : 2009-06-12 |
Genre | : Business & Economics |
ISBN | : 3790820822 |
Download Telecommunication Markets Book in PDF, ePub and Kindle
Telecommunication markets are characterized by a dynamic development of technology and market structures. The specific features of network-based markets, convergence of previously separate spheres and the complex task of market regulation put traditional theoretical approaches as well as current regulatory policies to the test. This book sheds light on some of the challenges ahead. It covers a vast range of subjects from the intricacies of market regulation to new markets for mobile and internet-related services. The diffusion of broadband technology and the emergence of new business strategies that respond to the technological and regulatory challenges are treated in the book’s 24 chapters.
Author | : Jennifer A. Manner |
Publisher | : Artech House |
Total Pages | : 267 |
Release | : 2002 |
Genre | : Business & Economics |
ISBN | : 158053306X |
Download Global Telecommunications Market Access Book in PDF, ePub and Kindle
Global Telecommunications Market Access offers you a solid understanding of the regulatory, economic, business, public policy and other considerations associated with entry into global telecommunications markets from a commercial, governmental and legal perspective. The primary focus of this book is on the global telecommunications regulatory environment and how it impacts market access strategies and implementation of these strategies. You are presented with case studies and a global view of the progression of telecommunications to help you better see how global markets are evolving from being dominated by monopoly service providers to one where choice has become a reality for consumers.
Author | : Jean-Jacques Laffont |
Publisher | : MIT Press |
Total Pages | : 340 |
Release | : 2001 |
Genre | : Business & Economics |
ISBN | : 9780262621502 |
Download Competition in Telecommunications Book in PDF, ePub and Kindle
The authors analyze regulatory reform and the emergence of competitionin network industries using the state-of-the-art theoretical tools ofindustrial organization, political economy, and the economics ofincentives.
Author | : Miguel Godinho de Matos |
Publisher | : |
Total Pages | : 0 |
Release | : 2012 |
Genre | : |
ISBN | : |
Download Entry in Telecommunications' Markets Book in PDF, ePub and Kindle
The deployment of Next Generation Networks (NGNs) is attractive from both technical and social perspectives, but market forces may not suffice to trigger the desired levels of investment. Cave (2004) and the European Commission (2010) describe how National Regulatory Authorities (NRAs) have adopted different policies to support NGN deployment worldwide. However, Cambini and Jiang (2009), Guthrie (2006) and Valletti (2003) show that a clear linkage between the existing regulatory mechanisms and their impact on incentives for investment is hard to establish. As discussed by (Ferreira and Regateiro 2008), Geographically Segmented Regulation (GSR) - application of sub-national regulatory regimes - is a regulatory framework that can be used to create incentives and controls for the deployment of NGNs. The spirit and scope of GSR are broad, but so far most of the discussion focuses on the interaction of GSR with the regulation of wholesale telecommunication markets. Coincidently, the analysis of the dynamics of wholesale telecommunication markets has been a particularly hot topic in telecom policy research since the introduction of the 1996 Telecom Act in the U.S (Armstrong, Doyle et al. 1996; Laffont and Tirole 2001). The purpose of this paper is to study how the price of wholesale together with the enforcement of a GSR framework might impact the deployment of NGNs. We present a game theoretic model that determines the number of infrastructure providers and virtual firms that enter green-field regions as a function of the wholesale prices set by the regulator. Firm entry occurs in multiple markets characterized by the demand for telecom service and the costs to deploy the appropriate infrastructure to meet demand. The latter are largely determined by household density. We use this model to analyze several types of regions where NGNs can be deployed - rural areas, urban areas and downtown areas. By predicting how many firms are likely to enter each market, our model provides fundamental information for regulators to decide the best type of policy a region might require to ensure availability of telecommunications service: if no entry occurs the region is a candidate for universal service; if only one provider deploys infrastructure, the region might require wholesale regulation; when two or more providers deploy infrastructure, competition is likely to emerge. Using engineering data from publicly available sources such as (Banerjee and Sirbu 2006), (Sigurdsson H. 2006) and (Wittig, Sinha et al. 2006), and a simulation software we developed, we show how different wholesale prices can determine the competitive nature and structure of telecommunications markets. We show that low wholesale prices can attract a disparate number of virtual providers that erode the profitability of infrastructure providers and their incentives to invest. We also show that high wholesale prices can deter the entry of virtual providers and incentivize investment, but will not necessarily maximize welfare which can be higher in situations where a single provider invests in infrastructure opening his network to virtual providers at reasonable prices. We show that highly populated areas are likely to develop into competitive telecommunication markets while regions with low household density will only see very limited investment in network infrastructures and little or no competition. Such asymmetries make the case for GSR persuasive, but we show that supply side interdependencies among markets make the implementation of GSR a non-trivial task. We prove by example that changes in regulation in very competitive markets can have negative consequences in interrelated, but less competitive market. Furthermore, we show that the “n-plus” rule of thumb criteria used to guide many real world GSR cases may lead to severe consumer welfare reductions.
Author | : Damien Geradin |
Publisher | : Oxford University Press, USA |
Total Pages | : 424 |
Release | : 2003 |
Genre | : Business & Economics |
ISBN | : 9780199242436 |
Download Controlling Market Power in Telecommunications Book in PDF, ePub and Kindle
Controlling market power is a crucial issue in liberalised telecommunications markets. By comparatively analysing five countries, this book explores how the regulatory framework should be designed.
Author | : Dale E. Lehman |
Publisher | : Springer Science & Business Media |
Total Pages | : 134 |
Release | : 2012-12-06 |
Genre | : Business & Economics |
ISBN | : 1461543150 |
Download The Telecommunications Act of 1996: The “Costs” of Managed Competition Book in PDF, ePub and Kindle
The Telecommunications Act of 1996 envisioned a competitive free-for-all in the U.S. telecommunications industry with removal of barriers to entry in local telecommunications markets and the lifting of the artificial restrictions that kept the Regional Bell Operating Companies (RBOCs) out of the interLATA long-distance market. After close to 5 years, only one RBOC has been granted permission (controversially) to enter the interLATA market, and local competition has yet to provide most consumers with meaningful choices. In addition, the wave of mergers across the industry has raised the specter of putting the former Bell System back together again. Policymakers now openly question whether the Act can deliver what it promised. Three principal themes are developed in this book. First, there has been a coordination failure between Congress and the FCC in translating the principles embodied in the Act into practice. The authors provide evidence for this by analyzing stock market reactions to legislative and regulatory actions. This coordination failure was largely predictable, given the ambiguity in the Act, as well as conflicting jurisdictions between the FCC and the states. Second, the Act calls for wholesale prices to be `based on cost.' Regulators adopted a costing standard (TELRIC) that provides a means to subsidize competitive entry in local telephone service markets. The ready adoption of the TELRIC standard by regulators is shown to be tied to the third theme: price cap regulation provides regulators with `insurance' against the adverse effects of competition in local telephone markets. Statistical analysis reveals that regulators in price cap states set uniformly lower unbundled network element prices (lower barriers to entry) in comparison with regulators in rate-of-return and earnings sharing states. The result is a triumph of regulatory processes over market processes - the antithesis of the purpose of the Act.