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'Due to their economic characteristics and also to their
consequences on many aspects of collective life, information
networks have always been at the edge of regulatory innovations and
at the center of policy debates. The contributors of this volume
combine long term visions of the factors determining regulatory
policies with up-to-date analyses of technicalities to be dealt
with, to provide the reader with an extended understanding of the
issues and constraints shaping the future of digital networks. -
Eric Brousseau, Universite Paris-Dauphine, France and the European
University Institute, Italy Digital markets worldwide are in rapid
flux. The Internet and World Wide Web have traditionally evolved in
a largely deregulated environment, but recently governments have
shown great interest in this rapidly developing sector and are
imposing regulations for a variety of reasons that are changing the
shape of these industries. This book explores why the industrial
organization of broadband ISPs, Internet backbone providers and
content/application providers are in such turmoil. The expert
contributors straddle the turbulent past of the telecoms sector and
also contribute to its exciting - though unpredictable - future via
positive analysis of past communications policies, which is then
utilized to deduce lessons to guide future policy making decisions.
It is illustrated that broadband ISPs no longer simply provide a
conduit for service delivery; they are also involved in producing
content and transaction services themselves, in competition with
content and delivery providers. The blurring of the traditional
lines between these three sectors, as each enters into the others'
markets, is highlighted. The conclusion is that we are witnessing
the emergence of powerful, competing platforms, linked in complex
ways that challenge traditional economic analyses. Exploring
governance issues, regulation and investment, next-generation
service markets and wireless communication, this book will prove a
fascinating and illuminating read for scholars, researchers,
post-graduate students and policy makers with an interest in ICT,
technology and innovation, economics and industrial organization.
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