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Essays On Competition And Regulation In The Telecommunications Industry
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Book Synopsis Essays on Competition and Regulation in the Telecommunications Industry by : Ji Won Baek
Download or read book Essays on Competition and Regulation in the Telecommunications Industry written by Ji Won Baek and published by . This book was released on 2014 with total page 93 pages. Available in PDF, EPUB and Kindle. Book excerpt: My dissertation is composed of three chapters that focus on competition and regulation in the telecommunications industry. The first chapter investigates the main determinants of mobile service prices and evaluates the impact of market structure and regulations on retail prices. Both a simultaneous equations model and a reduced form model are estimated using a panel dataset for 36 countries over the period of 1999-2010. The market concentration of mobile network operators (MNOs) has a statistically significant effect on prices in the reduced form regression. The coefficients of regulatory variables, such as mobile number portability (MNP), mobile virtual network operators (MVNOs) and mobile termination rates (MTR), are not significant in both estimations, suggesting that it is hard to conclude that ex post regulations are effective in mature markets. Country-specific cost factors such as population density, interest rates and unit labor costs have positive impacts on prices. The second chapter examines the structure of the household expenditure on telecommunications services and their relationship with other existing expenditures in South Korea. To estimate the demand for telecommunications services, the linear approximate Almost Ideal Demand System is implemented. The short-run relationship is estimated using a seemingly unrelated regression (SUR) with first differenced series of data, and the long-run relationship is examined through a Vector Error Correction Model (VECM). Both empirical results suggest that the household demand for telecommunications services is income inelastic over the period of 1990.1Q to 2013.2Q while it becomes price elastic after 2006. The results also show that recent telecommunications services have a complementary relationship with public transportation and substitution relationship with cultural services and private education. The third chapter analyzes the optimal features of three-part tariffs in the presence of heterogeneous consumers for the monopoly case and the duopoly case. Under monopoly case, the low demand users consume at the allowance level while the high demand users consume above it. The marginal utilities of consumption for the low demand type and high demand type exceed marginal cost, and the lump sum fee extracts all the surplus of low demand type. Under duopoly, asymmetric equilibria do not exist and only a symmetric three-part tariff can be achieved as an equilibrium where marginal utilities for all consumers equal marginal cost, confirming that a standard Bertrand outcome holds under the three-part tariff with heterogeneous consumers.
Book Synopsis Three Essays on Regulation and Competition in the Chinese Telecommunications Industry by : Hairong Mu
Download or read book Three Essays on Regulation and Competition in the Chinese Telecommunications Industry written by Hairong Mu and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Changing the Rules by : Robert W. Crandall
Download or read book Changing the Rules written by Robert W. Crandall and published by Brookings Institution Press. This book was released on 2001-06-29 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since 1971 competition has begun to replace regulation as a governing force in the telecommunications industry. The breakup of the national telephone monopolies, technological advances, and the worldwide network in telecommunications have brought a revolution in the telecommunications equipment and services industries. These changes have forced legislators and regulators to rethink public policy toward communications. The papers in this book were first presented at a conference organized by Robert Crandall and Kenneth Flamm, pulling together a group of industry professionals and scholars to address the far-reaching implications of the upheaval in the communications industry. The contributors analyze the effects of this increasing competition on standardization, technical innovation, and international rivalry. Changing the Rules offers possible policy options and analyzes their potential effects on the future market structure and the competitive positions of the U.S. computer and communications industries.
Book Synopsis Competition, Regulation, and Convergence by : Sharon E. Gillett
Download or read book Competition, Regulation, and Convergence written by Sharon E. Gillett and published by Routledge. This book was released on 1999-09-01 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: The telecommunications industry has experienced dynamic changes over the past several years, and those exciting events and developments are reflected in the chapters of this volume. The Telecommunications Policy Research Conference (TPRC) holds an unrivaled place at the center of national public policy discourse on issues in communications and information. TPRC is one of the few places where multidisciplinary discussions take place as the norm. The papers collected here represent the current state of research in telecommunication policy, and are organized around four topics: competition, regulation, universal service, and convergence. The contentious competition issues include bundling as a strategy in software competition, combination bidding in spectrum auctions, and anticompetitive behavior in the Internet. Regulation takes up telephone number portability, decentralized regulatory decision making versus central regulatory authority, data protection, restrictions to the flow of information over the Internet, and failed Global Information Infrastructure initiatives. Universal service addresses the persistent gap in telecommunications from a socioeconomic perspective, the availability of competitive Internet access service and cost modeling. The convergence section concentrates on the costs of Internet telephony versus circuit switched telephony, the intertwined evolution of new services, new technologies, and new consumer equipment, and the politically charged question of asymmetric regulation of Internet telephony and conventional telephone service.
Book Synopsis On Competition and Regulation in Media and Telecommunications Markets by : Torben Stühmeier
Download or read book On Competition and Regulation in Media and Telecommunications Markets written by Torben Stühmeier and published by . This book was released on 2011 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Regulation and the Evolution of the Global Telecommunications Industry by : Anastassios Gentzoglanis
Download or read book Regulation and the Evolution of the Global Telecommunications Industry written by Anastassios Gentzoglanis and published by Edward Elgar Publishing. This book was released on 2010-01-01 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Competition and Regulation in Network Industries by : Jean-Marc Zogheib
Download or read book Competition and Regulation in Network Industries written by Jean-Marc Zogheib and published by . This book was released on 2021-10-13 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: While particularly dynamic and innovative, the digital and telecommunication industries are found to have a great tendency towards concentration, resulting in strong market power and raising concerns from competition and regulatory authorities. In this study focusing on such network industries, Jean-Marc Zogheib explores the interplay between public policy and firms' strategies by combining various tools of theoretical economic analysis adopted from industrial economics, network economics, and platform economics. Mr. Zogheib's thesis consists of three distinct essays: the first chapter examines how merger policy affects firms' entry strategies, the second chapter shifts the focus to public intervention by considering how the coexistence of private and public players affects competition and investment, while the third chapter investigates the role of privacy in competition between digital platforms and the importance of consumer data in the competitive analysis of mergers. This book clearly illustrates how economics can contribute essential building blocks to the construction of competitive reasoning and how the integration of competition law into economic models extended their collective utility. An important read for lawyers and economists alike. The book was awarded the inaugural Concurrences PhD Award in Economics.
Author :United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Telecommunications, Consumer Protection, and Finance Publisher : ISBN 13 : Total Pages :548 pages Book Rating :4.F/5 ( download)
Book Synopsis Telecommunications in Transition by : United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Telecommunications, Consumer Protection, and Finance
Download or read book Telecommunications in Transition written by United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Telecommunications, Consumer Protection, and Finance and published by . This book was released on 1981 with total page 548 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :United States. Congress. House. Committee on the Judiciary. Subcommittee on Economic and Commercial Law Publisher : ISBN 13 : Total Pages :374 pages Book Rating :4.F/5 ( download)
Book Synopsis Competition Policy in the Telecommunications Industry by : United States. Congress. House. Committee on the Judiciary. Subcommittee on Economic and Commercial Law
Download or read book Competition Policy in the Telecommunications Industry written by United States. Congress. House. Committee on the Judiciary. Subcommittee on Economic and Commercial Law and published by . This book was released on 1992 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Competition Problems in Liberalized Telecommunications by : Milena Stoyanova
Download or read book Competition Problems in Liberalized Telecommunications written by Milena Stoyanova and published by Kluwer Law International B.V.. This book was released on 2008-01-01 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: This innovative study of the role of competition law in the telecommunications industry starts from a classic perspective: While, in principle, regulation benefits social welfare and efficient allocation of resources, past regulatory experience shows that regulation can be flawed and lead to welfare harm rather than good. In the telecommunications industry specifically, inappropriately designed sector-specific remedies and regulatory delays in the introduction of new telecommunications services can hold up the development of the market towards effective competition and could incur considerable welfare losses. In addition, conventional antitrust analysis still lags behind the dynamic nature of the electronic communications markets. Milena Stoyanova sets out to establish a new understanding of the role of sector-specific regulation and competition law enforcement in the electronic communications sector, addressing such questions as the following: and Why a new regulatory framework? and Are sectoral regulation and competition law enforcement mutually exclusive or complementary? and Why should electronic communications markets be regulated to conform to competition law principles? and What does competition law add to sector-specific regulation? and What is the relationship or proportion between regulation and competition law enforcement? An overview of the telecommunications liberalization process initiated at European Community level reveals such problems as a divergent approach of national regulatory authorities in the application of one and the same norms, inability of competition authorities to rightly assess the technicalities underlying a competition problem, and difficulty in carrying out a periodical oversight of compliance with the competition law remedies. The author discusses the legal basis and rationale for the application of the essential facility doctrine to the electronic communications sector, and argues for new regulatory responses to the emergence of collective dominant firms in an oligopolistic setting and to the potential of multifirm conduct to restrict competition through price squeezing and other tactics. The book concludes with a specific case study on the harmonisation of recent Bulgarian legislation with the European Community sector-specific and competition law regimes andà propos the electronic communications sector. Effective competition in the electronic communications market is crucial for securing the dynamic role of the entire information and communications technologies sector, of which electronic communications form the largest segment. The sound and well-informed recommendations in this book ably address common and persistent problems, making Competition Problems in Liberalized Telecommunications a forward-looking mainstay for practitioners and other professionals involved in all aspects of the field.
Book Synopsis Regulation and Its Effects on Competition and Investment in Network Industries by : Christian M. Bender
Download or read book Regulation and Its Effects on Competition and Investment in Network Industries written by Christian M. Bender and published by . This book was released on 2011 with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Three Essays on Competition and Regulation of Mobile Telecommunications Networks by : Yan Liu (Ph.D.)
Download or read book Three Essays on Competition and Regulation of Mobile Telecommunications Networks written by Yan Liu (Ph.D.) and published by . This book was released on 2009 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Future Competition in Telecommunications by : Stephen P. Bradley
Download or read book Future Competition in Telecommunications written by Stephen P. Bradley and published by Harvard Business Press. This book was released on 1989-01-01 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: Future Competition in Telecommunications includes ten essays on the future of the American telecommunications industry. The sections include: Industry Perspectives, Competition in Existing Markets, The Special Needs of Large Users, and Electronic Information Services.
Book Synopsis Telecommunications Policy by : Donald L. Alexander
Download or read book Telecommunications Policy written by Donald L. Alexander and published by Praeger. This book was released on 1997-09-30 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this timely collection of essays, leading economic and communication scholars examine major policy issues confronting federal and state regulators in the telecommunications industry. The essays describe how past regulatory decisions have contributed to a growing tension between emerging competition and the preservation of specific social objectives like the continuance of universal service, and thus provide a unique perspective on the current public policy debates. Although each author discusses a different policy issue, the common theme in this volume is the compelling argument that past regulatory decisions, which were often motivated by political compromises rather than sound economic analysis, are the primary source of inefficiency that exists in the telecommunications industry today. This insight points to potential harm that legislators may create from ignoring economic forces when deregulating an industry. The Telecommunications Act of 1996 is an example in which deregulation has created more, not less, regulatory barriers affecting competitors. The authors challenge policy makers to consider no regulation to insure that competitive forces determine prices, quantities, and quality of service for the vast array of telecommunication services available in today's marketplace.
Book Synopsis The Interexchange Telecommunications Industry by : Roger D. Colton
Download or read book The Interexchange Telecommunications Industry written by Roger D. Colton and published by . This book was released on 1989 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Remedies in Network Industries by : Damien Geradin
Download or read book Remedies in Network Industries written by Damien Geradin and published by Intersentia nv. This book was released on 2004 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last decade, the European Union has undertaken major market-opening reforms in the area of network industries. The liberalization process has now been completed in the air transport and electronic communications sectors and has achieved considerable progress in other network industries, such as postal services, energy (electricity and gas), and rail transport. Creating competition in network industries is not an easy matter, however. Because they benefit from certain advantages such as a large initial market share and control of essential facilities, incumbents typically retain substantial market power in a number of relevant markets and may even use their position to prevent others from engineering such markets. Controlling market power is thus one of a number of key concerns in network industries. It can be achieved in two main ways; either through the adoption and implementation of sector-specific rules or through the application of competition rules. There are advantages and disadvantages to both options, but it is a combination of the two that generally prevents incumbents from abusing their market power in liberalized markets. Competition law and sector-specific regulation provide for the application of remedies on incumbents or other operators holding significant market power. Such remedies are either structural or a behavioural. In some occasions they will apply ex ante, while in others ex post. This book comprises a collection of outstanding essays dealing with the complex legal and economic issues raised by remedies in network industries. While some of these essays analyse remedies from a generic point of view, others focus on specific remedies applied specifically in particular sectors. The sectors covered in this volume include electronic communications, postal services, energy (electricity and gas), and air transport. The final paper also presents a discussion of the United States approach to remedies in network industries. The essays comprised in this book have been written by leading academics (lawyers and economists), as well as private practitioners.
Book Synopsis Regulation and Entry into Telecommunications Markets by : Paul de Bijl
Download or read book Regulation and Entry into Telecommunications Markets written by Paul de Bijl and published by Cambridge University Press. This book was released on 2003-01-09 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
