TY  - JOUR
ID  - publications995
UR  - http://tse-fr.eu/pub/1261
IS  - 1
A1  - Laffont, Jean-Jacques
A1  - Rey, Patrick
A1  - Tirole, Jean
Y1  - 1998///
N2  - We develop a model of unregulated competition between interconnected networks and analyze the mature and transition phases of the industry in this deregulated environ-ment. Networks pay (negotiated or regulated) access charges to each other and com-pete in prices for customers. We show that a competitive equilibrium may fail to exist for large access charges or for large network substitutability, and that freely negotiated access charges may prevent effective competition in the mature phase of the industry and erect barriers to entry in the transition toward competition. Last, we examine the meaning and impact of policies such as the efficient component pricing rule.
PB  - Wiley
JF  - RAND Journal of Economics
VL  - 29
SN  - 0741-6261
TI  - Network Competition: I. Overview and Nondiscriminatory Pricing
SP  - 1
AV  - none
EP  - 37
ER  -