The Universal Service Obligation for Telephone Directories: Regulating the Redundant
D. De Smet and
Patrick Van Cayseele
Competition and Regulation in Network Industries, 2012, vol. 13, issue 1, 40-71
Abstract:
In this article, we examine the universal service obligation for telephone directories. In most countries, this obligation consists of two parts. First, publishers must offer a comprehensive directory, including all telephone subscribers. Second, this directory should be available to all users. Building a simple theoretical model, inspired by the literature on two-sided markets, we find that one of these two obligations is redundant. Imposing availability to all users is sufficient to induce publishers to offer a comprehensive directory. The reverse however does not hold.
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:sen:journl:v:13:i:1:y:2012:p:40-71
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