@techreport{Mitra2003Regulation,
abstract = {In this paper we consider the problem of regulating an open access essential facility. A
vertically integrated firm owns an essential input and operates on the downstream market
under the roof of a regulatory mechanism. There is a potential entrant in the downstream
market. Both competitors use the same essential input to provide the final services to the
consumers. The regulator designs a mechanism that guarantees financing of the essential
input and adequate competition in the downstream market. We consider a regulatory mechanism
that grants non-discriminatory access of the essential facility to a competitor. We
show that this mechanism is welfare improving but it generates inefficient entry. That is a
more efficient competitor may stay out of the market or a less efficient competitor may enter
the market.},
author = {Manipushpak Mitra and Axel Gautier},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {L51; H54; D82; L11; 330; Regulation; Railways; Network; Entry; Competition; Access charge; Asymmetric Information; Eisenbahnpolitik; Deregulierung; Netzzugang; Potentieller Wettbewerb; Asymmetrische Information; Theorie},
language = {eng},
number = {2003,19},
title = {Regulation of an Open Access Essential Facility},
type = {Bonn econ discussion papers},
url = {http://hdl.handle.net/10419/22868},
year = {2003}
}
