The Economics and Regulation of Network Industries
The Economics and Regulation of Network Industries

Author: Ingo Vogelsang

Publisher: Cambridge University Press

Published: 2021-11-04

Total Pages: 94

ISBN-13: 110880781X

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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.

Competition and Regulation in Network Industries
Competition and Regulation in Network Industries

Author: Jean-Marc Zogheib

Publisher:

Published: 2021-10-13

Total Pages: 144

ISBN-13: 9781954750999

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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
The Economics of Network Industries

Author: Oz Shy

Publisher: Cambridge University Press

Published: 2001-01-08

Total Pages: 264

ISBN-13: 1139432273

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This book introduces upper-level undergraduates, graduate students, and researchers to the latest developments in network economics, one of the fastest-growing fields in all industrial organization. Network industries include the Internet, e-mail, telephony, computer hardware and software, music and video players, and service operations in the banking, legal, and airlines industries among many others. The work offers an overview of the subject matter as well as investigations about specific industries. It conveys the essential features of how strategic interactions between firms are affected by network activity, as well as covering social interaction and its influence on consumers' choices of products and services. Virtually no calculus is used in the text, and each chapter ends with a series of exercises and selected references. The text may be used for both one- and two-semester courses.

Network Industries
Network Industries

Author: Matthias Finger

Publisher: Routledge

Published: 2019-06-26

Total Pages: 164

ISBN-13: 0429831056

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The unique challenges associated with understanding network industries requires insights from a range of disciplinary perspectives, namely economics, engineering, law, and political science. This book analyzes the de- and re-regulation of the network industries and the regulatory challenges these industries will face in the future. Network industries are characterised by economics that entail limiting effects on competition and market creation, and the book highlights the drivers behind their liberalization as well as the inherent need for regulation as liberalization unfolds. By way of an historical approach, the author offers insights into the distinctive approaches between Europe and North America in the past whilst also presenting the pervasive role digitalization increasingly comes to play. A concise overview of the state of thinking about the network industries, this book will be vital reading for researchers, advanced students and practitioners.

The Economics of Network Industries
The Economics of Network Industries

Author: Oz Shy

Publisher: Cambridge University Press

Published: 2001-01-08

Total Pages: 334

ISBN-13: 9780521805001

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This book introduces upper-level undergraduates to network economics, the fastest-growing area of industry.

U.S. Public Policy Toward Network Industries
U.S. Public Policy Toward Network Industries

Author: Lawrence J. White

Publisher: American Enterprise Institute

Published: 1999

Total Pages: 68

ISBN-13: 9780844771403

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Network industries comprise a large sector of the US economy. This text shows that public policy concerns are not accidental, because such industries often embody two major and widely recognized forms of potential market failure: significant economies of scale, and externalities.

The Routledge Companion to Network Industries
The Routledge Companion to Network Industries

Author: Matthias Finger

Publisher: Routledge

Published: 2015-11-19

Total Pages: 445

ISBN-13: 1317668081

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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.

The Reform of Network Industries
The Reform of Network Industries

Author: Massimo Florio

Publisher: Edward Elgar Publishing

Published: 2017-12-29

Total Pages: 263

ISBN-13: 1786439034

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Network industries such as electricity, gas, rail, local public transport, telecommunications and postal services are recognised by the EU as crucial for fostering European social and territorial cohesion. Providing an overview of key policy reforms in these industries and an empirical evaluation, this thought-provoking book offers a critical perspective on the functioning of the networks that provide vital services to EU citizens.