Post-Liberalization Challenges in Telecommunications, Balancing Antitrust and Sector-Specific Regulation - Tentative Lessons from the Experiences of the United States, New Zealand, Chile and Australia

49 Pages Posted: 28 Jan 2004  

Michel Kerf

World Bank - Infrastructure Department

Damien Geradin

Tilburg Law & Economics Center (TILEC); University College London - Faculty of Laws

Abstract

This paper seeks to shed some light both on how economy-wide and infrastructure or sector-specific components of the regulatory framework should be designed and on what the respective roles of such components should be to maximize the efficiency of economic regulation in telecommunications. It attempts to derive some lessons from the experience of four countries - the United States, New Zealand, Chile, and Australia - which have chosen to put different emphasis and given different roles to those different elements of the regulatory framework. Each of the four country model is evaluated on its ability to achieve key objectives of telecommunications regulation, which are presented in the following section. Then, the paper compares the experiences of the four countries in order to draw lessons on how economy-wide and infrastructure or sector-specific rules and institutions should de designed to ensure the maximum efficiency of the regulatory framework applicable to telecommunications.

Keywords: Telecommunications, regulation, antitrust, competition, Australia, United Kingdom, New Zealand

JEL Classification: K21, L40, L50, L96

Suggested Citation

Kerf, Michel and Geradin, Damien, Post-Liberalization Challenges in Telecommunications, Balancing Antitrust and Sector-Specific Regulation - Tentative Lessons from the Experiences of the United States, New Zealand, Chile and Australia. World Competition: Law and Economics Review, Vol. 23, pp. 27-77, 2000. Available at SSRN: https://ssrn.com/abstract=490042

Michel Kerf

World Bank - Infrastructure Department ( email )

Washington, DC 20433
United States

Damien Geradin (Contact Author)

Tilburg Law & Economics Center (TILEC)

Tilburg, 5000 LE
Netherlands

University College London - Faculty of Laws ( email )

Gower St
London WC1E OEG, WC1E 6BT
United Kingdom

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