search query: @indexterm TRADE POLICY / total: 743
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| Author: | Gautier, A. Mitra, M. |
| Title: | Regulation of an open access essential facility |
| Journal: | Economica
2008 : NOV, VOL. 75:300, p. 662-682 |
| Index terms: | vertical integration companies market entry trade policy regulations models |
| Language: | eng |
| Abstract: | A vertically integrated firm owns an essential input, operating on the downstream (here as: d-s.) market. There is a potential entrant in the d-s. market. The same essential input is used by both firms. The regulator aims at i. to ensure financing of the essential input and ii. to generate competition in the d-s. market. The optimal mechanism generates inefficient entry which captures the trade-off btw. market efficiency and infrastructure financing resulting from incomplete information and non-discriminatory access. |
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