This Time is Different (?): Telecommunications Unbundling and Lessons for Railroad Regulation.

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Title: This Time is Different (?): Telecommunications Unbundling and Lessons for Railroad Regulation.
Authors: Beard, T.1 beardtr@auburn.edu, Macher, Jeffrey Thomas2 jeffrey.macher@georgetown.edu, Vickers, Chris1 czvickers@auburn.edu
Source: Review of Industrial Organization. Sep2016, Vol. 49 Issue 2, p289-310. 22p.
Subjects: Government ownership of railroads, Economic competition, Telecommunication, Shipping fees, Price regulation
Abstract: In the railroad industry, there have been proposals for carriers to open their networks to competitors at regulated prices in markets that lack competition. Such rail 'unbundling' is intended to reduce rates by facilitating competition when the underlying economics of the network makes facilities entry infeasible. These proposals mirror arguments made in support of telephony network element unbundling under the Telecommunications Act of 1996. We examine the unbundling experience in the telecom industry to draw lessons for similar proposals in the rail industry. We suggest network unbundling in railroads is unlikely to achieve its objectives today for many of the same reasons that it largely failed in telecommunications in the past. [ABSTRACT FROM AUTHOR]
Copyright of Review of Industrial Organization is the property of Springer Nature and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
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  Data: In the railroad industry, there have been proposals for carriers to open their networks to competitors at regulated prices in markets that lack competition. Such rail 'unbundling' is intended to reduce rates by facilitating competition when the underlying economics of the network makes facilities entry infeasible. These proposals mirror arguments made in support of telephony network element unbundling under the Telecommunications Act of 1996. We examine the unbundling experience in the telecom industry to draw lessons for similar proposals in the rail industry. We suggest network unbundling in railroads is unlikely to achieve its objectives today for many of the same reasons that it largely failed in telecommunications in the past. [ABSTRACT FROM AUTHOR]
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  Data: <i>Copyright of Review of Industrial Organization is the property of Springer Nature and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract.</i> (Copyright applies to all Abstracts.)
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        Value: 10.1007/s11151-016-9517-0
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        Text: English
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      – SubjectFull: Government ownership of railroads
        Type: general
      – SubjectFull: Economic competition
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      – SubjectFull: Telecommunication
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      – SubjectFull: Shipping fees
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      – SubjectFull: Price regulation
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      – TitleFull: This Time is Different (?): Telecommunications Unbundling and Lessons for Railroad Regulation.
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              Text: Sep2016
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