Competition In Network Industries
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Towards Competition In Network Industries
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Author : Paul J.J. Welfens
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Towards Competition In Network Industries written by Paul J.J. Welfens and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Political Science categories.
Competition in network industries faces particular problems which are analyzed from both a theoretical and policy perspective. Issues of vertical integration, deregulation and privatization are covered. While competition and privatization are rapidly unfolding in telecommunications in Western and Eastern Europe, energy and railway transportation represent sectors of more gradual liberalization. The different market characteristics of telecommunications, energy and transportation raise consistency problems in the fields of deregulation, investment strategies and internationalization. While transformation policies create opportunities for liberalization in Eastern Europe and Russia the latter shows critical problems in ending monopoly and state ownership. Network industries could be subject to competition and promise major investment opportunities plus consumer benefits.
Competition In Network Industries
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Author : Michael U. Klein
language : en
Publisher: World Bank Publications
Release Date : 1996
Competition In Network Industries written by Michael U. Klein and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with Communication and traffic categories.
Competition In Network Industries
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Author : Michael Klein
language : en
Publisher:
Release Date : 2012
Competition In Network Industries written by Michael Klein and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with categories.
If privatizing network industries is to bring lasting public benefits, governments should also attempt to introduce competition. The scope for such competition is growing with increasing deregulation and technological innovation. As technology continues to improve, the use of "smart markets"--computer-assisted auction systems to clear competitive but complex markets--is likely to become feasible for an ever-expanding group of products and countries. This Note outlines the opportunities for introducing network competition--competition for the market, competition over existing networks, and competition among networks. It briefly considers in each case whether it will become easier or more complicated. It looks at how these opportunities could be applied in different networks. And it concludes with some basic guidelines for introducing competition: 1) the more complex the network and the lower the sunk cost, the more value there is likely to be in introducing competition from other networks. 2) Where technical change is rapid, defining the bonds of natural monopoly will be more difficult and the dynamic benefits of competition will be large. 3) Where government capacity to be benevolently and efficiently recognize natural monopoly and establish barriers to entry is weak, entry probably should not be limited by policy.
Competition In Network Industries
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Author : Michael U. Klein
language : en
Publisher:
Release Date : 2016
Competition In Network Industries written by Michael U. Klein and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.
Debate about whether and ...
Competition In Network Industries
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Author : Michael Klein
language : en
Publisher:
Release Date : 1999
Competition In Network Industries written by Michael Klein and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with categories.
April 1996 Debate about whether and how to introduce competition in network industries -- including transport, power, and telecommunications -- is sometimes heated. Klein contends that in case of doubt, policymakers should not restrict the entry of competitive firms in such networks. If they do, he says that entry restrictions should be subject to an automatic test after a set period, and reviewed for costs and benefits. A wave of privatization is sweeping the globe, affecting about 100 countries and adding up to an average of more than $60 billion a year in business in the past decade. The challenge is to ensure that privatization yields clear benefits. Empirical studies suggest that ownership change by itself will often yield results, especially when it reduces government interference. But the regulation required in areas of natural monopoly can become overly intrusive and undermine progress. Real competition is required to generate sizable and lasting welfare improvements. But in infrastructure sectors, the introduction of competition is complicated by the existence of complex transport and communications networks. Debate about whether and how to introduce competition in network industries is sometimes heated. Certain questions recur: Will continuing regulation be needed? Whether and at what terms will private finance be forthcoming? Klein argues that policymakers need to understand how competitive forces can be brought to bear in network industries. He explains: * Common principles that are often lost in technical debates about specific sectors. * Various methods for introducing competition in network industries (sketching broad regulatory requirements along the way). * Competition for the market, and bidding for franchises. * Options for competition for existing networks, including open access arrangements, pooling of homogeneous services such as electricity and natural gas, and timetabling (the competitive determination of service delivery for nonhomogeneous services that need to be sent to specific endpoints). * Options for expanding competitive systems by decentralizing investment in new network capacity. * The option of allowing competition among multiple networks. * The implications of these options for the sectors and for financing industry expansion. In case of doubt, he contends, policymakers should not restrict the entry of competitive firms in such networks. If they do, entry restrictions should be subject to an automatic test after a set period, and reviewed for costs and benefits. This paper is a product of the Private Sector Development Department.
Emerging Issues In Competition Collusion And Regulation Of Network Industries
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Author : Antonio Estache
language : en
Publisher: CEPR
Release Date : 2011
Emerging Issues In Competition Collusion And Regulation Of Network Industries written by Antonio Estache and has been published by CEPR this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with Business & Economics categories.
This book presents a comprehensive review of the vast economic literature covering the governance issues of network industries and suggests paths to improve their efficiences.
Competition Policy In Network Industries
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Author : Frank Fichert
language : en
Publisher: LIT Verlag Münster
Release Date : 2007
Competition Policy In Network Industries written by Frank Fichert and has been published by LIT Verlag Münster this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Antitrust law categories.
The promotion of competition in Europe's network industries has been in the foreground of economic policy in recent years. Network industries have undergone dramatic changes, involving privatisation, liberalisation and de- as well as re-regulation. But there are still many unresolved problems in both economic policy as well as economic research. Hence, a vivid exchange between academics and policy makers has emerged to find the optimal framework for these industries. This volume contributes to this discussion, containing several papers on various network industries.
Remedies In Network Industries
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Author : Damien Geradin
language : en
Publisher: Intersentia nv
Release Date : 2004
Remedies In Network Industries written by Damien Geradin and has been published by Intersentia nv this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Aeronautics, Commercial categories.
Over the last decade, the European Union has undertaken major market-opening reforms in the area of network industries. The liberalization process has now been completed in the air transport and electronic communications sectors and has achieved considerable progress in other network industries, such as postal services, energy (electricity and gas), and rail transport. Creating competition in network industries is not an easy matter, however. Because they benefit from certain advantages such as a large initial market share and control of essential facilities, incumbents typically retain substantial market power in a number of relevant markets and may even use their position to prevent others from engineering such markets. Controlling market power is thus one of a number of key concerns in network industries. It can be achieved in two main ways; either through the adoption and implementation of sector-specific rules or through the application of competition rules. There are advantages and disadvantages to both options, but it is a combination of the two that generally prevents incumbents from abusing their market power in liberalized markets. Competition law and sector-specific regulation provide for the application of remedies on incumbents or other operators holding significant market power. Such remedies are either structural or a behavioural. In some occasions they will apply ex ante, while in others ex post. This book comprises a collection of outstanding essays dealing with the complex legal and economic issues raised by remedies in network industries. While some of these essays analyse remedies from a generic point of view, others focus on specific remedies applied specifically in particular sectors. The sectors covered in this volume include electronic communications, postal services, energy (electricity and gas), and air transport. The final paper also presents a discussion of the United States approach to remedies in network industries. The essays comprised in this book have been written by leading academics (lawyers and economists), as well as private practitioners.
Competition And Regulation In Network Industries
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Author : Jean-Marc Zogheib
language : en
Publisher:
Release Date : 2021-10-13
Competition And Regulation In Network Industries written by Jean-Marc Zogheib and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-10-13 with categories.
While particularly dynamic and innovative, the digital and telecommunication industries are found to have a great tendency towards concentration, resulting in strong market power and raising concerns from competition and regulatory authorities. In this study focusing on such network industries, Jean-Marc Zogheib explores the interplay between public policy and firms' strategies by combining various tools of theoretical economic analysis adopted from industrial economics, network economics, and platform economics. Mr. Zogheib's thesis consists of three distinct essays: the first chapter examines how merger policy affects firms' entry strategies, the second chapter shifts the focus to public intervention by considering how the coexistence of private and public players affects competition and investment, while the third chapter investigates the role of privacy in competition between digital platforms and the importance of consumer data in the competitive analysis of mergers. This book clearly illustrates how economics can contribute essential building blocks to the construction of competitive reasoning and how the integration of competition law into economic models extended their collective utility. An important read for lawyers and economists alike. The book was awarded the inaugural Concurrences PhD Award in Economics.
The Economics Of Network Industries
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Author : Oz Shy
language : en
Publisher: Cambridge University Press
Release Date : 2001-01-08
The Economics Of Network Industries written by Oz Shy and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001-01-08 with Business & Economics categories.
This book introduces upper-level undergraduates to network economics, the fastest-growing area of industry.