This volume brings together academic economists and lawyers to evaluate and compare the regulation of telecommunications markets in Germany and the United States. The unifying theme in all of the pa pers is that the goal of public policy in this area should be to make the broadest and most functional competition possible by means of an ap propriate regulatory framework. Because the European and American telecommunications markets are becoming more intertwined each day, the issues addressed in this volume will be topical to the business, government, and academic communities for some time. For the chairman of the Monopoly Commission, Wernhard Moschel, the opening of the German telecommunications market has been successful in principle. This is clearly recognizable in the case of the competition in long-distance transport. Based on the view that the regulatory authority should make itself obsolete, Professor Moschel advocates an incremental review and gradual reduction of regulation."

This textbook on network economics provides essential microeconomic instruments for the analysis of network sectors like telecommunications, transport or energy. Network-specific characteristics emerge both on the cost side and benefit side, requiring network providers to develop innovative entrepreneurial competition strategies for costing, pricing, and investment. From a competition policy perspective, a number of interesting questions arise: In which parts of networks is competition functional? In contrast, where is an abuse of market power to be expected? What is the division of labor between cartel authorities and regulatory agencies? The book develops an analytical framework for all network industries which allows readers to study entrepreneurial strategies as well as regulation and competition policies for network industries.

This textbook on network economics provides essential microeconomic instruments for the analysis of network sectors like telecommunications, transport or energy. Network-specific characteristics emerge both on the cost side and benefit side, requiring network providers to develop innovative entrepreneurial competition strategies for costing, pricing, and investment. From a competition policy perspective, a number of interesting questions arise: In which parts of networks is competition functional? In contrast, where is an abuse of market power to be expected? What is the division of labor between cartel authorities and regulatory agencies? The book develops an analytical framework for all network industries which allows readers to study entrepreneurial strategies as well as regulation and competition policies for network industries.

This volume brings together academic economists and lawyers to evaluate and compare the regulation of telecommunications markets in Germany and the United States. The unifying theme in all of the pa pers is that the goal of public policy in this area should be to make the broadest and most functional competition possible by means of an ap propriate regulatory framework. Because the European and American telecommunications markets are becoming more intertwined each day, the issues addressed in this volume will be topical to the business, government, and academic communities for some time. For the chairman of the Monopoly Commission, Wernhard Moschel, the opening of the German telecommunications market has been successful in principle. This is clearly recognizable in the case of the competition in long-distance transport. Based on the view that the regulatory authority should make itself obsolete, Professor Moschel advocates an incremental review and gradual reduction of regulation."

Das Lehrbuch integriert die traditionell separaten Gebiete der Regulierungstheorie, der Industrie konomie und der Wettbewerbspolitik unter dem wettbewerbs konomischen Fokus der Funktionsf higkeit von M rkten. Im Zentrum steht die Lokalisierung und Disziplinierung von Marktmacht. Die Anwendung der modernen Wettbewerbstheorie und Industrie konomie erm glicht neue Einsichten bei der wettbewerbspolitischen Beurteilung von Unternehmensstrategien unter Ber cksichtigung der aktuellen Entwicklungen des deutschen und europ ischen Wettbewerbsrechts.

Die Netzokonomie liefert das mikrookonomische Instrumentarium zur Analyse von Netzsektoren, wie Telekommunikation, Luftfahrt, Schienen- und Strassenverkehr oder Energieversorgung. Dieses Buch zeigt, dass auf der Kosten- und Nutzenseite netzspezifische Besonderheiten existieren, die innovative unternehmerische Wettbewerbsstrategien erforderlich machen. Die theoretischen Analysen werden durch zahlreiche aktuelle Fallbeispiele anschaulich dargestellt. Durch Ubungsaufgaben am jeweiligen Kapitelende kann der Leser sein erworbenes Wissen selbststandig uberprufen.
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Die OEffnung der Netzsektoren Telekommunikation, Elektrizitat, Luftverkehr, Eisenbahn und Nahverkehr fur den Wettbewerb erfordert die Neubestimmung von Art und Umfang staatlicher Eingriffe in das Marktgeschehen. Aufbauend auf der theoretischen Analyse zentraler Fragen der Regulierungspraxis bietet das Buch mit der konsequenten Anwendung des disaggregierten Regulierungsansatzes auf die jeweils sektorspezifischen Problemstellungen eine Darlegung des jeweiligen Regulierungsbedarfs und eine fundierte Eroerterung aktueller Probleme. Der einheitliche Analyserahmen verdeutlicht dem Leser Parallelen und Unterschiede zwischen den Sektoren und erleichtert eine eigenstandige Auseinandersetzung mit aktuellen wettbewerbspolitischen Fragestellungen. Mit einer Reihe von Aktualisierungen und Erganzungen wird der Tatsache Rechnung getragen, dass die Marktoeffnung in den Netzsektoren durchaus kein abgeschlossener Prozess ist.