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[5] Shane Greenstein, Martin Peitz, and Tommaso Valletti,
                                                                  “Net neutrality: A fast lane to understanding the trade-
                                                                  offs,” Tech. Rep., National Bureau of Economic Re-
                          Wz = r · g [b] − c cp
                                                                  search, 2016.
          The total social welfare is determined by:
                                                              [6] James Alleman, Paul Rappoport, and Aniruddha Baner-
                          SW = W z + ∆CW                          jee, “Universal service: A new definition?,” Telecom-
                                                                  munications Policy, vol. 34, no. 1-2, pp. 86–91, 2009.

                      SW = r · g [b] − c cp + ∆CW      (26)   [7] Eitan Altman, Julio Rojas, Sulan Wong, Manjesh Ku-
                                                                  mar Hanawal, and Yuedong Xu, “Net neutrality and
          Under a duopoly with an asymmetric ISP behavior that provides
                                                                  quality of service,” in Game theory for networks, pp.
          ZPR, the total welfare is determined by:                137–152. Springer, 2011.
                    Wz = π cp + π z  + π z                    [8] Economic and Social Council, “Progress towards the
                                isp 1  isp 2
                                           ∗                     sustainable development goals,” Tech. Rep., United
                       = r · g [b] − c cp − (t) b 1,2  [t]
                                                                  Nations, 2016.

                                       1     ∗
                             1

                       +    p − c z β +  (t 1 ) b [t]
                             z
                                       2                      [9] Arturo J Carrillo, “Having your cake and eating it too?

                                       1     ∗                    zero-rating, net neutrality and international law,” Stan-
                             1

                       +    p − c z β +  (t 2 ) b [t]             ford Technology Law Review, Forthcoming, 2016.
                             z
                                       2
                                                             [10] Liang Zhang and Dan Wang,  “Sponsoring content:
          Under a Bertrand’s paradox, t 1 = t 2 = c b a Nash equilibrium in
                                        ∗
                                          ∗
          prices is determined in termination fee (t 1 , t 2 ) and under universal  Motivation and pitfalls for content service providers,”
                                                                  in Computer Communications Workshops (INFOCOM
          service condition p z is defined as the net cost to provide a limited
                                                                  WKSHPS), 2014 IEEE Conference on. IEEE, 2014, pp.
          bandwidth Internet service over the network. p z = c z.
                                                                  577–582.
                          Wz = r · g [b] − c cp
                                                             [11] Nicholas Economides, “The economics of the internet
                                                                  backbone,” NYU, Law and Economics Research Paper,
          The total social welfare is determined by:
                                                                  , no. 04-033, pp. 04–23, 2005.
                          SW = W z + ∆CW                     [12] John Musacchio and Dohoon Kim, “Network platform
                                                                  competition in a two-sided market: implications to the
                                                                  net neutrality issue,” in TPRC: Conference on Commu-
                      SW = r · g [b] − c cp + ∆CW      (27)
                                                                  nication, Information, and Internet Policy, 2009.
          However revenue level for CP in duopoly scenario is superior than
          that of monopoly scenario. Indeed r ·g [b] is a function of t because  [13] Nicholas Economides and Benjamin E Hermalin, “The
          b = b [t]. With a lowest price of termination fee, the revenue level  economics of network neutrality,” The RAND Journal
          r · g [b [t]] will be higher on duopoly.                of Economics, vol. 43, no. 4, pp. 602–629, 2012.
                                                             [14] Frago Kourandi, Jan Kr¨ amer, and Tommaso Valletti,
                           z
                                        z
                        SW        < SW
                           monopoly     duopoly                   “Net neutrality, exclusivity contracts, and internet frag-
                                                                  mentation,” Information Systems Research, vol. 26, no.
                            REFERENCES                            2, pp. 320–338, 2015.
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