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Competition and Regulation in Telecommunications: Theory and Application to Switzerland

Competition and Regulation in Telecommunications: Theory and Application to Switzerland

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Series: Europaeische Hochschulschriften / European University Studie, Book 17

Business GeneralEconomicsTechnology & Engineering

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ISBN10: 303910201X
ISBN13: 9783039102013
Publisher: Peter Lang
Published: Nov 11 2003
Pages: 248
Language: English
In 1998, the Swiss telecommunications industry was liberalized. Liberalization resulted in significant price reductions and in an increased pace of innovation. However, it did not evolve without frictions. The Swiss Telecommunications Act of 1998 contains several regulatory provisions in order to address problems that arise with competition in the telecommunications sector. Among these problems are the need to provide universal service, the presence of (potential) natural monopoly segments in telecommunications networks, and network externalities. They raise difficult issues of regulation and antitrust. To explore these issues, this study develops a number of game-theoretic models of telecommunications competition in different competitive environments, taking positive network externalities into account.

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