Price cap regulation for telecommunications: How has it performed in practice?
AbstractSince it was first introduced in the UK in 1984, an increasing number of countries have introduced price cap regulation for telecommunications. But to what extent have the promised benefits of the scheme actually materialized when it has been applied? This paper concludes that price cap regulation has been effective in containing price increases for non-competitive services and in controlling the nature, extent and speed of price rebalancing. However, it finds that attempts to fine tune the price cap scheme in the UK, the USA and Australia have resulted in a complicated, more intrusive, less transparent system than was originally intended.
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Bibliographic InfoArticle provided by Elsevier in its journal Telecommunications Policy.
Volume (Year): 19 (1995)
Issue (Month): 8 (November)
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Web page: http://www.elsevier.com/wps/find/journaldescription.cws_home/30471/description#description
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- Rod Tyers & Lucy Rees, 2008.
"Service Oligopolies And Australia'S Economy-Wide Performance,"
CAMA Working Papers
2008-05, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Rod Tyers & Lucy Rees, 2008. "Service Oligopolies and Australia's Economy-Wide Performance," ANU Working Papers in Economics and Econometrics 2008-490, Australian National University, College of Business and Economics, School of Economics.
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