The rapid growth in the telecommunication sector has made it essential to regulate the functioning of various modes of communication. This book provides a thorough understanding of the basic industrial economic concepts and national telecommunication policy in an easy-to-comprehend style. Divided into five parts, comprising 21 chapters, the text introduces readers with the basic concepts of managerial economics such as elasticity of demand, market structure, price determination and money supply. The subsequent chapters are devoted to banking and taxation system, and international trade. It also gives a thorough analysis of various functions and objectives of commercial banks and distinguished features of international trade. The book elaborates on managerial concepts by explaining the nature of management, planning, communication, leadership skills and market research. Finally, the book meticulously deals with telecommunication regulations and regulatory strategies, and explains the national telecommunication policy and guidelines. This book primarily caters to the needs of engineering students of Electronics and Telecommunication discipline for their course in Industrial Economics and Telecommunication Regulations. It will also be useful to the undergraduate students of management and commerce. KEY FEATURES : Includes the guidelines for Cable Television Networks (Regulation) Act Provides regulations of Telecom Regulatory Authority of India (TRAI) Incorporates chapter-end review exercises to drill students in self-study

Openness and competition sparked major advances in Chinese industry. Recent policy reversals emphasizing indigenous innovation seem likely to disappoint.

The authors analyze regulatory reform and the emergence of competitionin network industries using the state-of-the-art theoretical tools ofindustrial organization, political economy, and the economics ofincentives.

This book constitutes a collaborative and selected documentation of the scientific outcome of the European COST Action IS0605 Econ@Tel "A Telecommunications Economics COST Network" which run from October 2007 to October 2011. Involving experts from around 20 European countries, the goal of Econ@Tel was to develop a strategic research and training network among key people and organizations in order to enhance Europe's competence in the field of telecommunications economics. Reflecting the organization of the COST Action IS0605 Econ@Tel in working groups the following four major research areas are addressed: - evolution and regulation of communication ecosystems; - social and policy implications of communication technologies; - economics and governance of future networks; - future networks management architectures and mechanisms.

While particularly dynamic and innovative, the digital and telecommunication industries are found to have a great tendency towards concentration, resulting in strong market power and raising concerns from competition and regulatory authorities. In this study focusing on such network industries, Jean-Marc Zogheib explores the interplay between public policy and firms' strategies by combining various tools of theoretical economic analysis adopted from industrial economics, network economics, and platform economics. Mr. Zogheib's thesis consists of three distinct essays: the first chapter examines how merger policy affects firms' entry strategies, the second chapter shifts the focus to public intervention by considering how the coexistence of private and public players affects competition and investment, while the third chapter investigates the role of privacy in competition between digital platforms and the importance of consumer data in the competitive analysis of mergers. This book clearly illustrates how economics can contribute essential building blocks to the construction of competitive reasoning and how the integration of competition law into economic models extended their collective utility. An important read for lawyers and economists alike. The book was awarded the inaugural Concurrences PhD Award in Economics.

Brings economic regulation to life by tracing theoretical insights through to real-world applications in eight essential regulated sectors.

Have you ever wondered how your telephone company or Internet service provider can give you access to almost all people in the world, or how electricity suppliers can compete with each other if there is only one electric supply line passing through your street? This Element deals with the economics and public regulation of such network industries. It puts particular emphasis on the specific economic concepts used for analyzing them and on the regulatory reform movement and the compatibility of regulation and competition. Worldwide most of these industries have changed dramatically in recent years, telecommunications in particular. Network industries mostly exhibit economies of scale in production and similar economies in consumption. Both of these properties cause market power problems that often require industry-specific regulation. However, due to technological and market changes network policies have moved on from end-user regulation to wholesale regulation and in some cases to deregulation.