Remedies In Network Industries

Author : Damien Geradin
Publisher : Intersentia nv
Page : 276 pages
File Size : 49,7 Mb
Release : 2004
Category : Aeronautics, Commercial
ISBN : 9789050953900

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Remedies in Network Industries by Damien Geradin Pdf

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.

Author : E. F. ten Heuvelhof,Ernst Ten Heuvelhof
Publisher : Edward Elgar Publishing
Page : 225 pages
File Size : 40,5 Mb
Release : 2009-01-01
Category : Political Science
ISBN : 9781848449459

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Strategic Behaviour in Network Industries by E. F. ten Heuvelhof,Ernst Ten Heuvelhof Pdf

This book convincingly argues that from a theoretical point of view present day network industries offer opportunities for strategic behaviour and that these opportunities are also actually utilized in practice. The authors show that this behaviour can be harmful to the realization of the expected positive effects of institutional changes such as liberalization and privatization (e.g., innovation and lower prices). The authors make their case in a solid theoretical way illustrated with insightful case studies. This book is a must for academics, managers and policy makers in today s network industries. John Groenewegen, Delft University of Technology, The Netherlands This in-depth book explains how institutional changes such as the privatization and liberalization of network industries, for example transport, energy or telecommunications, can frequently be disappointing. The expected benefits such as lower prices, innovation and better services fail to materialize, often because the number of competitors is low. The authors demonstrate how strategic actor behaviour of one or more of the firms involved can help explain these disappointing results. This book elucidates the concept of strategic behaviour and portrays it in real-life examples to aid our understanding of this important phenomenon in terms of policy and organizational decision-making. It clearly demonstrates the adverse effects strategic behaviour can exert on the quality of infrastructure provision after liberalization. The theoretical sections are backed by empirical examples from throughout the world. The unique multidisciplinary approach will ensure a broad readership among students, researchers and policy-makers with an interest in the economics, politics and management of infrastructure and network industries.

Author : Matthias Finger,R. W. K_nneke
Publisher : Edward Elgar Publishing
Page : 537 pages
File Size : 53,9 Mb
Release : 2011
Category : Business & Economics
ISBN : 9780857930477

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International Handbook of Network Industries by Matthias Finger,R. W. K_nneke Pdf

'To learn about how economic and institutional forces have shaped the network industries and policies towards them, read the first part of the book. To discover their impacts on particular industries, read the second part. And to find out what has happened in particular countries, read the third part. I think anyone interested in network industries should read all of it! The book's structure allows for many interesting comparisons across countries and sectors.' Richard Green, University of Birmingham, UK 'This is a very useful and comprehensive guide to reforms in network industries in communications, energy, transport and water. It is organized by generic topic, sector and region. Its authors are acknowledged experts. I am confident that this Handbook will be a widely read and valuable resource for many years.' Martin Cave, London School of Economics, UK 'Quite an accomplishment, this Handbook provides by far the most comprehensive overview of the role of the private sector and competition in infrastructure industries, with thoughtful surveys of each of the major infrastructure sectors and of the key regions and countries.' José Gómez-Ibáñez, Harvard University, US In recent decades, all infrastructures have undergone significant restructuring. This worldwide phenomenon is often labelled 'liberalization' and although expectations were high with respect to lower prices, greater efficiency and innovation, the expected gains have not always been fully realized. This extensive, state-of-the-art Handbook provides a comprehensive overview of the various experiences of liberalization across different sectors, regions and disciplines. The multidisciplinary approach focuses on the economic, political and institutional aspects of liberalization as well as, to a lesser extent, on technological issues. As such, it constitutes a unique contribution, as this broad overview is often lost in the sector specific, country-focused and purely disciplinary approaches prevalent in the current literature. Sectors explored include telecoms, the Internet, energy and transport, whilst the truly global perspective incorporates unique case studies from an array of developed and developing countries including the US, China, India and the EU. The International Handbook of Network Industries will become the definitive volume for academics researchers and students of economics, political science and law interested in infrastructure regulation. It will also prove a valuable guide to practitioners and policy-makers involved in liberalization and competition.

Author : Ingo Vogelsang
Publisher : Cambridge University Press
Page : 94 pages
File Size : 41,9 Mb
Release : 2021-11-04
Category : Political Science
ISBN : 9781108807814

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The Economics and Regulation of Network Industries by Ingo Vogelsang Pdf

Have you ever wondered how your telephone company or Internet service provider can give you access to almost all people in the world, or how electricity suppliers can compete with each other if there is only one electric supply line passing through your street? This Element deals with the economics and public regulation of such network industries. It puts particular emphasis on the specific economic concepts used for analyzing them and on the regulatory reform movement and the compatibility of regulation and competition. Worldwide most of these industries have changed dramatically in recent years, telecommunications in particular. Network industries mostly exhibit economies of scale in production and similar economies in consumption. Both of these properties cause market power problems that often require industry-specific regulation. However, due to technological and market changes network policies have moved on from end-user regulation to wholesale regulation and in some cases to deregulation.

Author : Peggy Valcke,Robert Queck,Eva Lievens
Publisher : Edward Elgar Publishing
Page : 208 pages
File Size : 47,7 Mb
Release : 2005-01-01
Category : Law
ISBN : 1781959129

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EU Communications Law by Peggy Valcke,Robert Queck,Eva Lievens Pdf

This fascinating book examines and offers critical comments on the new 'significant market power'-regime, as put into place by the 2003 European regulatory framework on electronic communications networks and services. An overview of this regime. Its characteristics, guiding principles, and procedures is provided, using the mobile sector as a case study. The authors give a clear and comprehensive presentation of the new SMP-procedure that may lead to the imposition of remedies on undertakings with significant market power. The book also contains an analysis of all available European Commission comments on the notifications of draft measures by national regulatory authorities, for mobile as well as other markets. Addressing pressing issues, in view of the implementation of the new regulatory framework, this book is a useful working instrument for everyone who is active in the electronic communications sector including practicing lawyers, firms in the electronic communications sector, regulatory authorities, academics and policymakers throughout Europe.

Author : Diana L. Moss
Publisher : Routledge
Page : 298 pages
File Size : 43,5 Mb
Release : 2005-03-04
Category : Business & Economics
ISBN : 9781135994228

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Network Access, Regulation and Antitrust by Diana L. Moss Pdf

The rapid growth of network industries has generated much comment amongst academics and policy makers. This timely volume takes an interdisciplinary, case study-based approach to examining network issues and experiences in order to develop recommendations that can inform antitrust, regulatory and legislative policy. Legal, economic, political and institutional aspects of network access are analyzed. The first part of the volume focuses on five topics that are central to reasoned analysis of the access problem. The second part presents ten case studies of network access in the energy, transportation, telecommunications, internet and banking industries. The volume concludes with comparisons and contrasts across the cases and policy recommendations. Network Access, Regulation and Antitrust will prove invaluable to students of business, economics, law and economics and industrial economics, policy makers and academics working in the field.

Author : Dennis W. Jansen
Publisher : Edward Elgar Publishing
Page : 219 pages
File Size : 46,7 Mb
Release : 2006-01-01
Category : Business & Economics
ISBN : 9781845428891

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The New Economy and Beyond by Dennis W. Jansen Pdf

What is the New Economy, what makes it new, and what are the implications for antitrust, regulation and macroeconomic policy? Providing a non-technical and compelling analysis of the modern macro-economy, the contributors to this volume, eminent scholars all, provide their views on the New Economy from a variety of perspectives. The phrase The New Economy means many things to many people. It is often used to refer to the information economy, the high-tech economy, or to the explosive growth of the World Wide Web. It has also been used to refer to the expansion and stock market boom of the last decade. Despite these confusions and excesses in the term s usage, there is indeed something new about the New Economy. The initial set of three chapters explores what may be the defining feature the resurgence of productivity growth in the United States in the 1990s and its link to the IT revolution. Macroeconomic policy challenges are also discussed. The second set of papers concentrates on what is perhaps the second defining feature of the New Economy the idea of network economies. The contributors consider challenges for regulatory policy, look at internet pricing policies, and challenge some aspects of network economics. The volume concludes with a discussion of how the US postal service, an important exemplar of the changing world, responds to competition. Students, scholars and all those interested in gaining a better understanding of the global economy will find this volume a valuable resource.

Author : Milena Stoyanova
Publisher : Kluwer Law International B.V.
Page : 362 pages
File Size : 51,9 Mb
Release : 2008-01-01
Category : Law
ISBN : 9789041127365

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Competition Problems in Liberalized Telecommunications by Milena Stoyanova Pdf

This innovative study of the role of competition law in the telecommunications industry starts from a classic perspective: While, in principle, regulation benefits social welfare and efficient allocation of resources, past regulatory experience shows that regulation can be flawed and lead to welfare harm rather than good. In the telecommunications industry specifically, inappropriately designed sector-specific remedies and regulatory delays in the introduction of new telecommunications services can hold up the development of the market towards effective competition and could incur considerable welfare losses. In addition, conventional antitrust analysis still lags behind the dynamic nature of the electronic communications markets. Milena Stoyanova sets out to establish a new understanding of the role of sector-specific regulation and competition law enforcement in the electronic communications sector, addressing such questions as the following: and• Why a new regulatory framework? and• Are sectoral regulation and competition law enforcement mutually exclusive or complementary? and• Why should electronic communications markets be regulated to conform to competition law principles? and• What does competition law add to sector-specific regulation? and• What is the relationship or proportion between regulation and competition law enforcement? An overview of the telecommunications liberalization process initiated at European Community level reveals such problems as a divergent approach of national regulatory authorities in the application of one and the same norms, inability of competition authorities to rightly assess the technicalities underlying a competition problem, and difficulty in carrying out a periodical oversight of compliance with the competition law remedies. The author discusses the legal basis and rationale for the application of the essential facility doctrine to the electronic communications sector, and argues for new regulatory responses to the emergence of collective dominant firms in an oligopolistic setting and to the potential of multifirm conduct to restrict competition through price squeezing and other tactics. The book concludes with a specific case study on the harmonisation of recent Bulgarian legislation with the European Community sector-specific and competition law regimes andà propos the electronic communications sector. Effective competition in the electronic communications market is crucial for securing the dynamic role of the entire information and communications technologies sector, of which electronic communications form the largest segment. The sound and well-informed recommendations in this book ably address common and persistent problems, making Competition Problems in Liberalized Telecommunications a forward-looking mainstay for practitioners and other professionals involved in all aspects of the field.

Author : Giorgio Monti
Publisher : Cambridge University Press
Page : 506 pages
File Size : 52,5 Mb
Release : 2007-08-06
Category : Business & Economics
ISBN : 9780521700757

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EC Competition Law by Giorgio Monti Pdf

Monti explores the development of EC competition law through an interdisciplinary approach, focusing on the political and economic considerations that affect the way the rules are interpreted. Written with competition law students in mind, it should also be of interest to undergraduate and postgraduate students of EU politics and economics.

Author : Damien Geradin,University, The Netherlands, Rodolphe Muñoz,Nicolas Petit
Publisher : Edward Elgar Publishing
Page : 304 pages
File Size : 47,9 Mb
Release : 2005-01-01
Category : Business & Economics
ISBN : 1781950237

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Regulation Through Agencies in the EU by Damien Geradin,University, The Netherlands, Rodolphe Muñoz,Nicolas Petit Pdf

The past decade has witnessed a proliferation of regulatory agencies at both the national and the EU level. This coherent and clearly structured book is the first of its kind to analyse in equal measure, and interdependently, both national regulatory authorities and European agencies. It brings together a select group of highly esteemed contributors - authorities in their fields - to provide a systematic and over-arching view of regulation in the EU. Unlike many of the previous attempts to shed light on this increasingly opaque and complex co-existence of regulatory systems, this book takes a genuinely multi-disciplinary approach with integrated perspectives from law, politics and economics.

Author : Matthias Finger,Christian Jaag
Publisher : Routledge
Page : 424 pages
File Size : 47,8 Mb
Release : 2015-11-19
Category : Business & Economics
ISBN : 9781317668084

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The Routledge Companion to Network Industries by Matthias Finger,Christian Jaag Pdf

In recent decades, network industries around the world have gone through periods of de- and re-regulation. With vast amounts of sometimes conflicting research carried out into specific network industries, the time has come for a critical over-arching assessment of this entire industry in order to provide a platform of understanding to aid future research and practice. This comprehensive resource provides an orientation for academics, policy makers and managers as to the main economic, regulatory and commercial challenges in the network industries. The book is split into sections covering market, policy, regulation, management perspectives, whilst all of the key network industries are covered, including energy, transport, water and telecommunications. Overseen by world-class Editors and experts in the field, this inter-disciplinary resource is essential reading for students and researchers in international business, industrial economics and the industries.

Author : Hanns Ullrich
Publisher : Edward Elgar Publishing
Page : 379 pages
File Size : 47,6 Mb
Release : 2006-01-01
Category : History
ISBN : 9781847201867

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The Evolution of European Competition Law by Hanns Ullrich Pdf

Professor Ullrich is thoughtful and attracted star scholars from many countries, so the papers and discussion are provocative and introduce recent economic thinking, although many are written by lawyers. . . The text is lucid and interesting, the thought innovative and anyone seriously interested in competition policy should read these papers and the comments with pleasure. Valentine Korah, World Competition This collection of papers and comments deserves to be widely read, and it should appeal to academics and practitioners alike. The great mix of topics and the variety of views offered make this a very stimulating contribution to the discussion of the new paradigm of EC competition law, the more economic approach, and its implications for the application and interpretation of the various EU antitrust rules. Thomas Eilmansberger, European Law Journal The editor should be congratulated for bringing together this diverse group of scholars whose spirited disagreements remind one of the many challenges faced in exploring the role and function of competition law. Giorgio Monti, European Review of Contract Law With contributions from leading scholars from all over Europe and the US, this book covers the major areas of substantive competition law from an evolutionary perspective. The leitmotiv of the book has been to assess the dividing line between safeguarding and regulating competition, which it does by reviewing the following subjects: foundations of competition policy in the EU and the US strategic competition policy the evolution of European competition law from a national (Italian) perspective the block exemption of vertical agreements after four years the new Technology Transfer Block Exemption cooperative networking mergers in the media sector abuse of market power concepts of competition in sector specific regulation competition, regulation and systems coherence efficiency claims in EU competition law and sector specific regulation. The Evolution of European Competition Law will be of great interest to lawyers, economists, academics, judges and public officials working in the fields of competition law and policy.

Author : Burton Ong
Publisher : Cambridge University Press
Page : 409 pages
File Size : 46,8 Mb
Release : 2018-03
Category : Business & Economics
ISBN : 9781107197992

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The Regionalisation of Competition Law and Policy within the ASEAN Economic Community by Burton Ong Pdf

Examines regional competition policy developments in South East Asia, exploring a broad range of related issues from diverse perspectives.

Author : Anonim
Publisher : Unknown
Page : 782 pages
File Size : 50,7 Mb
Release : 1986
Category : Energy policy
ISBN : UCAL:B5145854

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Antitrust Law Journal by Anonim Pdf

Author : Pier L. Parcu,Giorgio Monti,Marco Botta
Publisher : Edward Elgar Publishing
Page : 289 pages
File Size : 45,6 Mb
Release : 2022-11-04
Category : Law
ISBN : 9781800888708

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The Interaction of Competition Law and Sector Regulation by Pier L. Parcu,Giorgio Monti,Marco Botta Pdf

This insightful book discusses the interaction of sector-specific regulation and competition policy. In particular, it identifies emerging trends and reflects on the nature of network regulation in the energy and telecom industries.