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Symmetric regulation for competitive telecommunications

Schankerman, Mark (1996) Symmetric regulation for competitive telecommunications. Information Economics and Policy, 8 (1). pp. 3-23. ISSN 0167-6245

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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
Library of Congress subject classification: H Social Sciences > HD Industries. Land use. Labor
Journal of Economic Literature Classification System: L - Industrial Organization > L9 - Industry Studies: Transportation and Utilities
L - Industrial Organization > L5 - Regulation and Industrial Policy
Sets: Collections > Economists Online
Departments > Economics
Research centres and groups > Suntory and Toyota International Centres for Economics and Related Disciplines (STICERD)
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 23 May 2008 10:22
URL: http://eprints.lse.ac.uk/5025/

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