Controlling Market Power in Telecommunications: Antitrust vs. Sector-Specific Regulation

Hardcover | January 1, 2003

byDamien Geradin, Michel Kerf

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Controlling market power is a crucial issue in liberalized telecommunications market where incumbents usually remain dominant for some time after the opening of the market to competition. Controlling market power can be achieved through two distinct sets of rules and institutions: economy-wideantitrust rules and institutions, which have been in place in most industrialized countries for several decades, and infrastructure or sector-specific rules and institutions which have been specifically adopted to promote competition and control market power in telecommunications or in particularinfrastructure sectors. In this context, the relationship between the two sets of rules and institutions becomes an issue of growing importance. Relying on a comparative analysis of five countries (the United States, New Zealand, the United Kingdom, Chile and Australia), the present book seeks toshed some light on how economy-wide and infrastructure or sector-specific components of the regulatory framework should be designed and on what the respective roles of such components should be to maximize the efficiency of economic regulation in telecommunications.

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Controlling market power is a crucial issue in liberalized telecommunications market where incumbents usually remain dominant for some time after the opening of the market to competition. Controlling market power can be achieved through two distinct sets of rules and institutions: economy-wideantitrust rules and institutions, which hav...

Damien Geradin is Professor at the University of Liege and Director of the Regulation of Network Industries Project. He is a visiting Professor at the College of Europe, Bruges. He is also a consultant for the Programme of Private Participation in Mediterranean Infrastructure, European Commission/World Bank, where he is in charge of p...

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Format:HardcoverDimensions:410 pages, 9.21 × 6.14 × 1.06 inPublished:January 1, 2003Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0199242437

ISBN - 13:9780199242436

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Table of Contents

1. Conceptual framework2. Key issues of telecommunications regulations3. The United States4. New Zealand5. The United Kingdom6. Chile7. Australia8. Comparative Analysis9. Conclusions