Template-type: ReDif-Paper 1.0
Author-Name: Schinkel Maarten Pieter
Author-Name: Volkerink Bjorn
Author-workplace-name: METEOR
Title: Long Live OPTA!
Abstract: Although explicitly installed as a transitory body, the Dutch telecommunication controller OPTA displays the typical signs of government institutions that seek to become indispensable. A conflict in OPTA''s two main policy objectives – guarding consumer prices through controlling the network operator and encouraging entry into the telecommunication market – hinders OPTA in making itself redundant. It is shown that a market structure with a dominant owner of the network and a few fringe firms, among which OPTA referees for ever, is a stable Nash equilibrium. Some possible remedies for this undesirable state of affairs are discussed. Long live OPTA, but leaner and meaner, supervising a symmetrically competing market.
Keywords: Economics ; 
Series: Research Memoranda
Creation-Date: 2003
Number: 031
File-URL: http://digitalarchive.maastrichtuniversity.nl/fedora/objects/guid:aab1c699-38ec-4a09-8ae4-39633f0255ed/datastreams/ASSET1/content
File-Format: application/pdf
File-Size: 160075
Handle: RePEc:unm:umamet:2003031