From Monopoly to Competition: Telecommunications Industry Regulation Theory and Empirical Research

Author: Zheng Qibao
Publisher:
Publish Date: 2005-10-01
Features: "From Monopoly to Competition—Theoretical and Empirical Research on Regulation in the Telecommunications Industry" This book pioneers the introduction of institutional economics and transaction cost theory frameworks into the study of telecommunications industry regulation. It analyzes the reasons and characteristics of telecommunications industry regulation under competitive conditions from multiple theoretical perspectives and empirical angles, and theoretically explains the paradox of competition and regulation in the telecommunications industry. The author argues that interconnection is a mandatory special transaction mechanism established by the government to resolve the conflict between ubiquitous production methods and diverse operational entities. The government's approach to balancing internalization and externalization of transaction costs should be based on efficient competition. This book serves as a reference for government officials, telecommunications regulatory institution staff, telecommunications enterprise management, and regulatory theory researchers, as well as industrial economics scholars. It can also be used as a teaching reference for postgraduate students in relevant university majors, and as a theoretical reference for regulatory reform in other industries such as railways, electricity, water supply, and gas supply.