Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/75921
Authors: 
Hoernig, Steffen H.
Valletti, Tommaso M.
Year of Publication: 
2002
Series/Report no.: 
CESifo Working Paper 682
Abstract: 
Regulators have long been aware of the social aspects of communication. In the past, regulated monopolists have provided Universal Service Obligations, typically funded via a system of cross-subsidies. In this paper, we first review the rationale for imposing Universal Service Obligations, based both on theoretical arguments and empirical results. We then address some of the new questions raised by the ongoing liberalisation process. Regulators now face the challenging problem of organising the provision and financing of universal service in a competitive environment.
Subjects: 
universal service obligations
regulation
competition
Document Type: 
Working Paper

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