The Fallacies of Regulatory Market Splits
Author | : Günter Knieps |
Publisher | : |
Total Pages | : |
Release | : 2014 |
ISBN-10 | : OCLC:931726821 |
ISBN-13 | : |
Rating | : 4/5 (21 Downloads) |
Book excerpt: Network neutrality regulations for the Internet have been discussed for about a decade. In Europe, recent efforts have produced a proposal by the European Commission for a network neutrality regulation. Envisaged is the introduction of a two-tiered Internet traffic regulation based on a regulatory market split be-tween the markets for "public" Internet traffic services and markets for special-ized services giving higher and ensured quality of data transmission. We argue that regulatory market splits are artificial and the proposed regulation of markets for Internet traffic services constitutes a regulatory fallacy.