Schankerman, Mark 
ORCID: 0009-0006-1071-7672
(1996)
Symmetric regulation for competitive telecommunications.
Information Economics and Policy, 8 (1).
pp. 3-23.
ISSN 0167-6245
Abstract
This paper argues that symmetric regulation should be adopted for the increasingly competitive telecommunications sector. This is required to provide market-based price signals which induce efficient investment and entry. All forms of asymmetric regulation contain an intrinsic bias toward some firms or technologies and run the risk of imposing large productive efficiency costs. We discuss various forms of potential anticompetitive behaviour and show how appropriate safeguards can be designed without resorting to asymmetric regulation. Price cap (access) reform and the design of mechanisms to fund universal service obligations are also discussed from the perspective of symmetric regulation.
| Item Type: | Article |
|---|---|
| Official URL: | http://www.sciencedirect.com/science/journal/01676... |
| Additional Information: | © 1996 Elsevier |
| Divisions: | Economics STICERD |
| Subjects: | H Social Sciences > HD Industries. Land use. Labor |
| JEL classification: | L - Industrial Organization > L9 - Industry Studies: Transportation and Utilities L - Industrial Organization > L5 - Regulation and Industrial Policy |
| Date Deposited: | 23 May 2008 10:22 |
| Last Modified: | 01 Oct 2024 03:30 |
| URI: | http://eprints.lse.ac.uk/id/eprint/5025 |
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