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Competition and Regulation in Network Industries: Not an Easy Balance to Strike. Comments on Koski and Kretschmer

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  • Stefano Vannini

Abstract

Network industries present several counterintuitive aspects. This peculiarity has attracted particular attention among policymakers, but public intervention has not always been irreproachable. A continuously improving appraisal of network industries tends to allow a better informed policy action and a good balance between otherwise potentially competing policies (competition policy and sector-specific regulation in the first place, but also innovation and standardization policies).

Suggested Citation

  • Stefano Vannini, 2004. "Competition and Regulation in Network Industries: Not an Easy Balance to Strike. Comments on Koski and Kretschmer," Journal of Industry, Competition and Trade, Springer, vol. 4(1), pages 49-65, March.
    • Handle: RePEc:kap:jincot:v:4:y:2004:i:1:p:49-65
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    References listed on IDEAS

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    1. Nicholas Economides, 2006. "Competition Policy in Network Industries: An Introduction," Chapters, in: Dennis W. Jansen (ed.), The New Economy and Beyond, chapter 5, Edward Elgar Publishing.
    2. Heli Koski & Tobias Kretschmer, 2004. "Survey on Competing in Network Industries: Firm Strategies, Market Outcomes, and Policy Implications," Journal of Industry, Competition and Trade, Springer, vol. 4(1), pages 5-31, March.
    3. Michael L. Katz & Carl Shapiro, 1994. "Systems Competition and Network Effects," Journal of Economic Perspectives, American Economic Association, vol. 8(2), pages 93-115, Spring.
    4. S. J. Liebowitz & Stephen E. Margolis, 1994. "Network Externality: An Uncommon Tragedy," Journal of Economic Perspectives, American Economic Association, vol. 8(2), pages 133-150, Spring.
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    Cited by:

    1. Heli Koski & Tobias Kretschmer, 2004. "Competing in Network Industries--A Rejoinder," Journal of Industry, Competition and Trade, Springer, vol. 4(1), pages 67-69, March.

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