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Albert-Ludwigs-Universität Freiburg im Breisgau >
Institut für Verkehrswissenschaft und Regionalpolitik, Universität Freiburg >
Diskussionsbeiträge, Inst. f. Verkehrswissenschaft u. Regionalpolitik, Universität Freiburg >
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http://hdl.handle.net/10419/32316
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| Title: | | Stepping stones and access holidays: the fallacies of regulatory micro-management  |
| Authors: | | Knieps, Günter Zenhäusern, Patrick |
| Issue Date: | | 2009 |
| Series/Report no.: | | Diskussionsbeiträge // Institut für Verkehrswissenschaft und Regionalpolitik 123 |
| Abstract: | | Good intentions are no substitute for sound economic regulation. Using the ‘in-vestment ladder’ as the stick and access holidays as the carrot is hardly an ef-fective way to generate competition. On the contrary, this approach creates a regulatory spiral. What regulators plead for today is in effect an obligatory shar-ing regime for nearly all network elements. However, this splitting up of net-works into their elements by ad hoc regulatory interventions is destroying con-sumer welfare. Instead, rule-based regulation of network-specific market power should be implemented by means of a disaggregated regulatory mandate, limit-ing incentive regulation to essential facilities as a whole. |
| Document Type: | | Working Paper |
| Appears in Collections: | | Diskussionsbeiträge, Inst. f. Verkehrswissenschaft u. Regionalpolitik, Universität Freiburg
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