A unique comparative analysis of competition and regulation in the liberalized telecommunications markets.This book examines competition and regulation in the liberalized telecommunications markets, filling the gap between the existing economic literature on competition and the real-life application of theory to policy. Paul de Bijl and Martin Peitz analyse a broad range of market constellations, in particular the hot topic of access price regulation in asymmetric markets, and derive from this their various policy recommendations. This book is a valuable resource for academics, regulators and telecommunications professionals, and is accompanied by extensive simulation programs devised by the authors.This book examines competition and regulation in the liberalized telecommunications markets, filling the gap between the existing economic literature on competition and the real-life application of theory to policy. Paul de Bijl and Martin Peitz analyse a broad range of market constellations, in particular the hot topic of access price regulation in asymmetric markets, and derive from this their various policy recommendations. This book is a valuable resource for academics, regulators and telecommunications professionals, and is accompanied by extensive simulation programs devised by the authors.This book examines competition and regulation in the liberalized telecommunications markets. It fills the gap between the existing economic literature on competition and the real-life application of theory to policy. Paul de Bijl and Martin Peitz analyze a broad range of market constellations; in particular, the hot topic of access price regulation in asymmetric markets. The study is a valuable resource for academics, regulators and telecommunications professionals. It is accompanied by extensive simulation programs.1. Introduction; 2. Telecommunications; 3. The basic model; 4. Facilities-based entry in a non-segmented market; 5. Non-facilities-based entry in a non-segmented marklS9