Internet Traffic Exchange: Market Developments and Policy Challenges
Dennis Weller and
Bill Woodcock
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Dennis Weller: Navigant Economics
Bill Woodcock: Packet Clearing House
No 207, OECD Digital Economy Papers from OECD Publishing
Abstract:
This report finds that the Internet has developed an efficient market for connectivity based on voluntary contractual agreements. Operating in a highly competitive environment, largely without regulation or central organisation, the Internet model of traffic exchange has produced low prices, promoted efficiency and innovation, and attracted the investment necessary to keep pace with demand.
Date: 2013-01-29
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Persistent link: https://EconPapers.repec.org/RePEc:oec:stiaab:207-en
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