Towards Competition in Network Industries de Paul J.J. Welfens

Towards Competition in Network Industries: Telecommunications, Energy and Transportation in Europe and Russia

Paul J.J. Welfens

George Yarrow

Ruslan Grinberg

Cornelius Graack

en Limba Engleză Paperback – 24 ian 2012

Competition in network industries faces particular problems which are analyzed from both a theoretical and policy perspective. Issues of vertical integration, deregulation and privatization are covered. While competition and privatization are rapidly unfolding in telecommunications in Western and Eastern Europe, energy and railway transportation represent sectors of more gradual liberalization. The different market characteristics of telecommunications, energy and transportation raise consistency problems in the fields of deregulation, investment strategies and internationalization. While transformation policies create opportunities for liberalization in Eastern Europe and Russia the latter shows critical problems in ending monopoly and state ownership. Network industries could be subject to competition and promise major investment opportunities plus consumer benefits.

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Introduction.- Deregulation and Market Dynamics in Telecommunications: P.J.J. Welfens: Competition, Privatization and Foreign Direct Investment.- Introduction.- Network Theory, Technological Progress and Competition.- Competition and Privatization.- Foreign Direct Investment in Network Industries.- Conclusions.- P. Ruys: Comments.- P. Jasinski: Privatizsation, Competition and Regulation in Transforming Economies: The Cases of the Electricity Supply Industry and Telecommunications.- Introduction.- Competition and Regulation in STEs.- Systemic Transformation.- Regulation Sensu Largo.- Regulation Sensu Stricto.- The ESI and Telecommunications.- H. Brezinski: Comments.- C. Graack: Deregulation, Privatization and Internationalization of European Telecoms Markets.- Introduction.- Developments on the National Level of EU Member States.- Impacts of the Liberalization and Privatization Process on EU Telecoms Market Structures.- Conclusions.- D. Elixmann: Comments.- M. Andersson: Full Competition in Telecommunications: The Experience of Finland.- J. Spindler: Full Competition in Telecommunications: The US Perspective.- Introduction.- The Telecom Act - Key Principles.- Rollout of the Trilogy.- How the Trilogy Principles Apply to Other Countries.- 'Best Practices' for Other Countries.- G. Knieps: Market Entry in the Presence of a 'Dominant' Network Operator in Telecommunications.- Introduction.- Excessive Regulation Due to an Oversized Regulatory Basis.- The Necessity for a Symmentric Regulatory Approach.- The Dangers of an Inadequate Application of Regulatory Rules Bases on the Concept of Dominant Network Carriers.- J. Müller: Comments.- Is Market Power Regulation Enough?.- Wil Contestable Markets be Competitive?.- Implementing Regulation.- Is Structural RegulationNecessary?.- M. Falch: Electricity Companies and Railway Networks as Newcomers in Telecommunications.- Introduction.- Current Competition from the Network Facilities of Railway and Electricity Companies.- The Cost Structure of a Telecoms Network.- The Role of Investment Costs.- Changing Demand Conditions.- Conditions for Effective Competition.- Conclusion.- O. Lorz: Comments.- J. Kubasik: Liberalization of Telecommunications in Central Europe.- Introduction.- The Need for Changes.- Objectives in Restructuring the Telecommunications Sector.- Networks Developments.- Regulation: Opening Up Competition.- Liberalization in Practice: The Example of Poland.- Privatization of the National Network Operator: Different Methods.- Conclusions.- S. Petuhova, A. Vronez: Regulation of the Telecommunication Sector in Russia: Direct Foreign Investments and Options for Competition.- Introduction.- System of Control and Regulation in the Telecommunication Complex.- Economic Indicators of Business Activity within the Telecom Sector.- Direct Foreign Investments in Development of the Communications Branch.- Prospects for Telecommunications Development in Russia.- Conclusion.- W. Pfaffenberger: Comments.- R. Grinberg: Systemic Transformation and Direct Foreign Investment in Russia: Problems and Solutions.- Market Reforms and Macroeconomic Stabilization in the Central and Eastern European Countries and Russia: Comparing Intermediate Results.- The Climate of Investment in Russia: Analysis and Conclusions.- Foreign Direct Investment in Russia.- Regulation and Management of Foreign Investment in Russia.- Perfection and Development of Interaction with Foreign Capital.- H. Brücker: Comments.- Introduction.- Why has Stabilisation Failed in Russia?.- Was Privatisation and Institutional Reform a Failure?.- FDI: Is the Glass Half Full or Half Empty?.- Are