Abstract:
Structural v. functional separation in regulated industries, in electronic communications in particular, is still a debated issue. The article, based on the Ph.D. studies carried out by the Author at King's College London, tackles the reasons that may suggest "cooperative" solutions, such as the negotiation of undertakings with the national competition authorities or sector regulators, aimed at enhancing innovation while granting consumer welfare imperatives. From Shumpeter to Arrow, from Coase to recent developments at European Commission level, the Author combines (Competition) Law and basic principles of economics, having in mind the recent British experience of Openreach fucntional separation of British Telecom.