Regulation and transaction costs in telecommunications: A research agenda

Bertrand Quélin (1) , Michel Ghertman

1 HEC Paris - Recherche - Hors Laboratoire

Antitrust and regulatory policies influence the vertical and horizontal integration of firms and the characteristics of their contractual arrangements. This paper examines the relevance of transaction cost economics for the analysis of regulatory policy in telecommunications. It explores the impact of changes in national telecommunications regulation on the level of transaction costs. After building a new theoretical framework based upon previous transaction cost contributions, the paper sets out a research agenda concerning the importance of transaction costs for antitrust and regulatory policies

Keywords: Transaction costs; regulation; telecommunications; vertical integration; horizontal integration

Domains: Strategy and business policy

Bertrand Quélin, Michel Ghertman. Regulation and transaction costs in telecommunications: A research agenda. Telecommunications Policy, 1995, Vol. 19, n° 6, pp. 487-500. ⟨10.1016/0308-5961(95)00026-3⟩. ⟨hal-00460009⟩