Evaluating market consolidation in mobile communications
Christos Genakos,
Tommaso Valletti and
Frank Verboven
LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library
Abstract:
We study the dual relationship between market structure and prices and between market structure and investment in mobile telecommunications. Using a uniquely constructed panel of mobile operators’ prices and accounting information across 33 OECD countries between 2002 and 2014, we document that more concentrated markets lead to higher end user prices. Furthermore, they also lead to higher investment per mobile operator, though the impact on total investment is not conclusive. Our findings are not only relevant for the current consolidation wave in the telecommunications industry. More generally, they stress that competition and regulatory authorities should take seriously the potential trade-off between market power effects and efficiency gains stemming from agreements between firms.
Keywords: mobile telecommunications; market structure; prices; investments; mergers (search for similar items in EconPapers)
JEL-codes: F3 G3 (search for similar items in EconPapers)
Pages: 73 pages
Date: 2017-06
New Economics Papers: this item is included in nep-com, nep-eur, nep-pay and nep-reg
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)
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http://eprints.lse.ac.uk/83623/ Open access version. (application/pdf)
Related works:
Journal Article: Evaluating market consolidation in mobile communications (2018) 
Working Paper: Evaluating market consolidation in mobile communications (2017) 
Working Paper: Evaluating Market Consolidation in Mobile Communications (2017) 
Working Paper: Evaluating Market Consolidation in Mobile Communications (2017) 
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Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:83623
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