SEMINAR SERIES on ICTs POLICY RESEARCH
Topic: Next Generation Access Networks: The Effects of Vertical Spillovers on Access and Innovation
Tuesday, October 13th 2009 16:30pm
Room 5.09, 5th floor, North Tower, Instituto Superior Técnico*
Professor António Brandão
Faculdade de Economia do Porto
Abstract:
We consider an upstream firm that sells a vital input to downstream firms. There are vertical spillovers and two different regulatory policies of the input price: cost oriented regulation and no-regulation. We also admit two alternative market structures: vertical integration and vertical separation. With this setting we study the effects of vertical spillovers on foreclosure and on the investment of the upstream firm. We conclude that foreclosure is not a necessary outcome. We also conclude that if the vertical spillovers are significant the standard conclusions about the effects of regulation on investment incentives do not always hold.
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*FOR THOSE WHO WON’T BE ABLE TO BE IN THE CONFERENCE ROOM AT IST TOMORROW, YOU CAN ATTEND THE SEMINAR ONLINE THROUGH WEBEX (LINK AND INSTRUCTIONS BELOW).
Please follow the instructions in that email some minutes before 4:30am (GMT) and join the online meeting room.
Topic: Next Generation Access Networks The Effects of Vertical Spillovers on Access and Innovation
Date: Tuesday, October 13, 2009
Time: 4:30 pm, GMT Summer Time (London, GMT+01:00)
Meeting Number: 012 495 349
Meeting Password: EPP
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