Footnote:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments July 4, 2023 erstellt
Description:
This article examines the effect of access obligation on mobile network investment. Access obligation is a form of regulated network access in wholesale markets that commits MNOs to grant non-discriminatory access to MVNOs. While it is often claimed that such regulation might lower investment incentives of MNOs, this assertion has not yet been assessed by appropriate econometric methods. We implement an empirical DiD framework to investigate the link between access obligation and mobile network investment in Germany, where access obligation had been implemented for the 3G technology (but not for 4G and 5G), and in Spain, where access obligation had been introduced as a remedy for joint significant market power. Contrary to common claims, our results show that access obligation has not lowered mobile network investment in Germany and indeed increased investment in Spain