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Regulation and the Vertically Integrated Firm: The Case of RBOC Entry into Interlata Long Distance

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Author Info
Weisman, Dennis L
Abstract

Congress is considering telecommunications reform legislation that would allow the Regional Bell Operating Companies (RBOCs) to enter the interLATA long-distance market. A concern is that a vertically-integrated RBOC would be able to discriminate against its rivals. A proposed remedy would require the RBOCs to reduce their access market share as a precondition to interLATA entry. We show formally that such a precondition likely contributes to higher long-distance prices and enhances the risk of discrimination. Furthermore, the lower the share of access profits retained by an RBOC, the weaker are its incentives to lower long-distance prices. Copyright 1995 by Kluwer Academic Publishers

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Article provided by Springer in its journal Journal of Regulatory Economics.

Volume (Year): 8 (1995)
Issue (Month): 3 (November)
Pages: 249-66
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Handle: RePEc:kap:regeco:v:8:y:1995:i:3:p:249-66

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  1. Joan Calzada & Francesc Trillas, 2005. "The interconnection prices in telecomunications: from theory to practice," Hacienda Pública Española, IEF, vol. 173(2), pages 85-125, June. [Downloadable!]
  2. Brennan, Timothy, 2005. "Alleged Transmission Undersupply: Is Restructuring the Cure or the Cause?," Discussion Papers dp-05-50, Resources For the Future. [Downloadable!]
  3. James Reitzes, 2008. "Downstream price-cap regulation and upstream market power," Journal of Regulatory Economics, Springer, vol. 33(2), pages 179-200, April. [Downloadable!] (restricted)
  4. Dennis Weisman & Michael Williams, 2001. "The Costs and Benefits of Long-Distance Entry: Regulation and Non-Price Discrimination," Review of Industrial Organization, Springer, vol. 18(3), pages 275-282, May. [Downloadable!] (restricted)
  5. David Mandy & David E. M. Sappington, 2004. "Incentives for Sabotage in Vertically Related Industries," Working Papers 0404, Department of Economics, University of Missouri, revised 16 Dec 2004. [Downloadable!]
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  6. Christoph Bier & Dieter Schmidtchen, . "„Golden-Gans“-Effekt, Preisdiskriminierungsgefahr und die Regulierung von Netznutzungsentgelten," German Working Papers in Law and Economics 2006-1-1137, Berkeley Electronic Press. [Downloadable!]
  7. Armstrong, Mark, 2001. "The theory of access pricing and interconnection," MPRA Paper 15608, University Library of Munich, Germany. [Downloadable!]
  8. David Sappington & J. Sidak, 2003. "Incentives for Anticompetitive Behavior by Public Enterprises," Review of Industrial Organization, Springer, vol. 22(3), pages 183-206, May. [Downloadable!] (restricted)
  9. David Mandy, 2007. "When Do Input Prices Matter For Make-Or-Buy Decisions?," Working Papers 0701, Department of Economics, University of Missouri. [Downloadable!]
  10. Ming Chang, 1996. "Ramsey pricing in a hierarchical structure with an application to network-access pricing," Journal of Economics, Springer, vol. 64(3), pages 281-314, October. [Downloadable!] (restricted)
  11. Gert Brunekreeft, 2002. "Regulation and Third-Party Discrimination in the German Electricity Supply Industry," European Journal of Law and Economics, Springer, vol. 13(3), pages 203-220, May. [Downloadable!] (restricted)
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