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Author: Paul W. MacAvoy Publisher: American Enterprise Institute ISBN: 9780844740614 Category : Competition Languages : en Pages : 340
Book Description
MacAvoy shows how antitrust and regulation have failed to make long-distance markets competitive, to the detriment of consumers seeking prices in line with the costs of providing long-distance services.
Author: Paul W. MacAvoy Publisher: American Enterprise Institute ISBN: 9780844740614 Category : Competition Languages : en Pages : 340
Book Description
MacAvoy shows how antitrust and regulation have failed to make long-distance markets competitive, to the detriment of consumers seeking prices in line with the costs of providing long-distance services.
Author: Michael A. Crew Publisher: Springer Science & Business Media ISBN: 146155117X Category : Business & Economics Languages : en Pages : 192
Book Description
Regulation Under Increasing Competition brings together practitioners, regulators, and economists to examine the important policy and regulatory issues facing the telecommunications and electricity industries. This volume reviews such topics as competitive entry, stranded costs, pricing and market mechanisms. It provides a unique perspective on problems in a newly deregulated environment.
Author: Publisher: American Bar Association ISBN: 9781590315224 Category : Business & Economics Languages : en Pages : 644
Book Description
Comprehensive review of the application of antitrust law and principles to the communications market and an invaluable resource for both antitrust and telecom practitioners. It discusses substantive antitrust law applicable to the communications industries, including horizontal mergers, vertical mergers, joint ventures, and restraints of trade.
Author: Diana L. Moss Publisher: Routledge ISBN: 1135994234 Category : Business & Economics Languages : en Pages : 286
Book Description
The rapid growth of network industries has generated much comment amongst academics and policy makers. This timely volume takes an interdisciplinary, case study-based approach to examining network issues and experiences in order to develop recommendations that can inform antitrust, regulatory and legislative policy. Legal, economic, political and institutional aspects of network access are analyzed. The first part of the volume focuses on five topics that are central to reasoned analysis of the access problem. The second part presents ten case studies of network access in the energy, transportation, telecommunications, internet and banking industries. The volume concludes with comparisons and contrasts across the cases and policy recommendations. Network Access, Regulation and Antitrust will prove invaluable to students of business, economics, law and economics and industrial economics, policy makers and academics working in the field.
Author: Arnold Picot Publisher: Springer Science & Business Media ISBN: 3540325565 Category : Science Languages : en Pages : 194
Book Description
This book contains the results of a symposium organized to ask what kind of future old and new players in the telecommunications industries will have given the dynamic changes in technologies and markets. The symposium combined perspectives from industrial practice and academic research originating from North America and Europe. Key issues featuring here are the technological drivers of change, changing market structures and business models, and the nature of future regulation on telecom markets.
Author: Robert W. Crandall Publisher: Rowman & Littlefield ISBN: 0815797702 Category : Business & Economics Languages : en Pages : 225
Book Description
The 1996 Telecommunications Act was an attempt to increase competition among telecommunications providers in the United States by reducing regulatory barriers to market entry. This competition was expected to drive innovation in the telecommunications sector and reap economic benefits for both American consumers and telecommunications providers. The legislation, however, had a markedly different impact. While many of the more aggressive providers enjoyed sharp short-term rises in stock market values, they soon faced sudden collapse, leaving consumers with little or no long-term benefit. In Competition and Chaos, Robert W. Crandall analyzes the impact of the 1996 act on economic welfare in the United States and how the act and its antecedents affected the major telecommunications providers. He argues that the act was far too stringent, inviting the Federal Communications Commission and state regulators to micromanage competitive entry into local telecommunications markets. Combined with the bursting of the dot.com and telecom stock market bubbles, this aggressive policy invited new and existing firms to invest billions of dollars unwisely, leading to the 2001–02 collapse of equity values throughout the sector. New entrants into the market invested more than $50 billion in unproductive assets that were quickly wiped out through massive failures. The 1996 act allowed the independent long-distance companies, such as MCI and AT&T, to live a few years longer. But today they are a threatened species, caught in a downward spiral of declining prices and substantial losses. The industry is preparing for an intense battle for market share among three sets of carriers: the wireless companies, the local telephone carriers, and the cable television businesses. Each has its own particular advantage in one of the three major segments of the market—voice, data, and video—but none is assured a clear path to dominance. Although the telecom stock market collapse i
Author: Eric A. Posner Publisher: Oxford University Press ISBN: 019750762X Category : LAW Languages : en Pages : 225
Book Description
"Antitrust law has very rarely been used by workers to challenge anticompetitive employment practices. Yet recent empirical research shows that labor markets are highly concentrated, and that employers engage in practices that harm competition and suppress wages. These practices include no-poaching agreements, wage-fixing, mergers, covenants not to compete, and misclassification of gig workers as independent contractors. This failure of antitrust to challenge labor-market misbehavior is due to a range of other failures-intellectual, political, moral, and economic. And the impact of this failure has been profound for wage levels, economic growth, and inequality. In light of the recent empirical work, it is urgent for regulators, courts, lawyers, and Congress to redirect antitrust resources to labor market problems. This book offers a strategy for judicial and legislative reform"--
Author: United States. Congress. House. Committee on Commerce. Subcommittee on Telecommunications, Trade, and Consumer Protection Publisher: ISBN: Category : Business & Economics Languages : en Pages : 226