Principles of Regulation and Competition Policy for the Telecommunications Industry
Dennis Weisman
No 60525, Technical Reports from Brandmeyer Center for Applied Economics, School of Business, University of Kansas
Abstract:
This report articulates a set of economic principles to assist policymakers in their deliberations on the issue of deregulation in telecommunications markets. The key question confronting policymakers concerns when the discipline imposed by competition can substitute for the discipline imposed by regulation. The complexity of this question is exacerbated by the technological dynamics of the industry. It is critical that any test for deregulation be structured and dutifully applied in a manner that promotes consumer welfare rather than the welfare of individual competitors. The risk is that an improperly designed test for deregulation will serve anti-competitive rather than pro-competitive ends.
Pages: 68 pages
Date: 2006-05-25
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https://bcae.ku.edu/repec/bks/tchrpt/TR060525.pdf (application/pdf)
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