Regulation and international telecommunications pricing behaviour

Recent technology change and market liberalization have substantially reduced the costs of providing international message telephone services (IMTS). However, the full extent of these cost reductions have generally not been reflected in lower prices. This paper reviews the recent literature on int...

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Main Authors: Madden, Gary, Savage, Scott
Format: Journal Article
Published: Oxford University Press 2001
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/46773
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author Madden, Gary
Savage, Scott
author_facet Madden, Gary
Savage, Scott
author_sort Madden, Gary
building Curtin Institutional Repository
collection Online Access
description Recent technology change and market liberalization have substantially reduced the costs of providing international message telephone services (IMTS). However, the full extent of these cost reductions have generally not been reflected in lower prices. This paper reviews the recent literature on international telecommunications markets, and examines regulation and IMTS pricing behaviour. Particular attention is given to the accounting rate system (ARS), uniform settlement polices and asymmetric competition. Several market behaviour scenarios are described where regulation has resulted in carriers implementing inefficient pricing rules for both accounting and collection rates. Finally, economic and political strategies are put forward that could supplant the current outmoded and uneconomic ARS and bring about the full benefits of a freely functioning marketplace to telecommunications users.
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spelling curtin-20.500.11937-467732018-12-14T00:54:41Z Regulation and international telecommunications pricing behaviour Madden, Gary Savage, Scott collection rates regulation Accounting Rates competition Recent technology change and market liberalization have substantially reduced the costs of providing international message telephone services (IMTS). However, the full extent of these cost reductions have generally not been reflected in lower prices. This paper reviews the recent literature on international telecommunications markets, and examines regulation and IMTS pricing behaviour. Particular attention is given to the accounting rate system (ARS), uniform settlement polices and asymmetric competition. Several market behaviour scenarios are described where regulation has resulted in carriers implementing inefficient pricing rules for both accounting and collection rates. Finally, economic and political strategies are put forward that could supplant the current outmoded and uneconomic ARS and bring about the full benefits of a freely functioning marketplace to telecommunications users. 2001 Journal Article http://hdl.handle.net/20.500.11937/46773 10.1093/icc/10.1.247 Oxford University Press restricted
spellingShingle collection rates
regulation
Accounting Rates
competition
Madden, Gary
Savage, Scott
Regulation and international telecommunications pricing behaviour
title Regulation and international telecommunications pricing behaviour
title_full Regulation and international telecommunications pricing behaviour
title_fullStr Regulation and international telecommunications pricing behaviour
title_full_unstemmed Regulation and international telecommunications pricing behaviour
title_short Regulation and international telecommunications pricing behaviour
title_sort regulation and international telecommunications pricing behaviour
topic collection rates
regulation
Accounting Rates
competition
url http://hdl.handle.net/20.500.11937/46773