Controlling Market Power in Telecommunications
Antitrust vs. Sector-Specific Regulation
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Product details:
- Publisher OUP Oxford
- Date of Publication 6 February 2003
- ISBN 9780199242436
- Binding Hardback
- No. of pages410 pages
- Size 242x163x26 mm
- Weight 730 g
- Language English
- Illustrations numerous figures and tables 0
Categories
Short description:
Economic regulation in the telecommunications sector can be performed through economy-wide instruments, such as antitrust law and antitrust authorities, or through sector-specific instruments, such as telecommunications regulation and regulatory authorities. Relying on a comparative analysis of five countries, the present book seeks to shed some light on the respective roles of both types of instruments in liberalized telecommunications markets.
MoreLong description:
Controlling market power is a crucial issue in liberalized telecommunications market where incumbents usually remain dominant for some time after the opening of the market to competition. Controlling market power can be achieved through two distinct sets of rules and institutions: economy-wide antitrust rules and institutions, which have been in place in most industrialized countries for several decades, and infrastructure or sector-specific rules and institutions which have been specifically adopted to promote competition and control market power in telecommunications or in particular infrastructure sectors. In this context, the relationship between the two sets of rules and institutions becomes an issue of growing importance. Relying on a comparative analysis of five countries (the United States, New Zealand, the United Kingdom, Chile and Australia), the present book seeks to shed some light on how economy-wide and infrastructure or sector-specific components of the regulatory framework should be designed and on what the respective roles of such components should be to maximize the efficiency of economic regulation in telecommunications.
MoreTable of Contents:
Conceptual framework
Key issues of telecommunications regulations
The United States
New Zealand
The United Kingdom
Chile
Australia
Comparative Analysis
Conclusions
