Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
10368286 | Telecommunications Policy | 2005 | 16 Pages |
Abstract
Recent studies have found the Internet backbone to be more competitive than was thought before. This paper explores a novel route to monitor market power using prices and quality data from the online trading site Band-X. First the hypothesis that Europe is a connectivity market on its own, is tested and then, by using a Panel data regression, the paper finds that these markets are not fully competitive since company specific reputation effects play a major role and price variations are only marginally affected by qualitative variables. Worryingly, companies with high prices are often able to supply an inferior quality transit.
Related Topics
Physical Sciences and Engineering
Computer Science
Information Systems
Authors
Emanuele Giovannetti, Cristiano Andrea Ristuccia,