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Author: Robert W. Crandall
Publisher: Brookings Institution Press
ISBN: 0815719701
Category : Political Science
Languages : en
Pages : 311
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Book Description
The rapid pace of technological change is placing the world's telephone companies in a very difficult position. Fiber optics cables, wireless telephones, digital signal compression, and sophisticated new switching equipment are lowering the cost of providing service and opening the gates to new competition. At the same time, these new technologies are providing the telephone companies with a wide array of new market opportunities. Unfortunately, their status as regulated carriers makes it difficult to exploit these new opportunities and to fend off competitive assaults on their traditional telephone business. As long as they are regulated, they can be accused of using their monopoly services to cross-subsidize new competitive ventures. But partial deregulation and open entry would be a catastrophe for them unless they were allowed to revise their rate structure. There is a widespread misconception that the U.S. telecommunications industry has been "deregulated" and that Canadian authorities are following the U.S. lead. In fact, most services remain regulated, even though some markets, such as long-distance services, equipment sales and rentals, and local services, have been opened up. This book reviews the recent changes in the structure of U.S. and Canadian telecommunications industries and the changes in regulatory policy on both sides of the border. The authors analyze the effects of these changes in regulation on telephone rates in both the local and long-distance markets with particular emphasis on the impacts of regulatory reforms and competition on long-distance rates. They use their results to suggest how regulation should be structured to allow competition to replace monopoly on the road to the information superhighway. The authors contend that for decades misguided regulation of the telephone sector in both Canada and the U.S. denied consumers the benefits of competition, distorted local and long-distance telephone rates, and blocked en
Author: Robert W. Crandall
Publisher: Brookings Institution Press
ISBN: 0815719701
Category : Political Science
Languages : en
Pages : 311
Get Book Here
Book Description
The rapid pace of technological change is placing the world's telephone companies in a very difficult position. Fiber optics cables, wireless telephones, digital signal compression, and sophisticated new switching equipment are lowering the cost of providing service and opening the gates to new competition. At the same time, these new technologies are providing the telephone companies with a wide array of new market opportunities. Unfortunately, their status as regulated carriers makes it difficult to exploit these new opportunities and to fend off competitive assaults on their traditional telephone business. As long as they are regulated, they can be accused of using their monopoly services to cross-subsidize new competitive ventures. But partial deregulation and open entry would be a catastrophe for them unless they were allowed to revise their rate structure. There is a widespread misconception that the U.S. telecommunications industry has been "deregulated" and that Canadian authorities are following the U.S. lead. In fact, most services remain regulated, even though some markets, such as long-distance services, equipment sales and rentals, and local services, have been opened up. This book reviews the recent changes in the structure of U.S. and Canadian telecommunications industries and the changes in regulatory policy on both sides of the border. The authors analyze the effects of these changes in regulation on telephone rates in both the local and long-distance markets with particular emphasis on the impacts of regulatory reforms and competition on long-distance rates. They use their results to suggest how regulation should be structured to allow competition to replace monopoly on the road to the information superhighway. The authors contend that for decades misguided regulation of the telephone sector in both Canada and the U.S. denied consumers the benefits of competition, distorted local and long-distance telephone rates, and blocked en
Author: Robert Britt Horwitz
Publisher: Oxford University Press, USA
ISBN: 0195054458
Category : Business & Economics
Languages : en
Pages : 430
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Book Description
Horwitz here examines the history of telecommunications to build a compelling new theory of regulation, showing how anti-regulation rhetoric has often had unintended and unwanted effects on American industry.
Author: Felix Chin
Publisher:
ISBN:
Category : Technology & Engineering
Languages : en
Pages : 58
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Book Description
Author: United States. Congress. House. Committee on Small Business. Subcommittee on Regulatory Reform and Oversight
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 76
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Book Description
Author: United Telephone Company of Ohio
Publisher:
ISBN:
Category : Telecommunication
Languages : en
Pages : 40
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Book Description
Author: United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Telecommunications and Finance
Publisher:
ISBN:
Category : Futures market
Languages : en
Pages : 344
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Book Description
Author: Leland L. Johnson
Publisher:
ISBN:
Category : Price regulation
Languages : en
Pages : 66
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Book Description
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
Focuses on the distortions in pricing resulting from regulation. Assesses the impact of competition.
Author: Vanda Rideout
Publisher: McGill-Queen's Press - MQUP
ISBN: 9780773524521
Category : Business & Economics
Languages : en
Pages : 274
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Book Description
InContinentalizing Canadian TelecommunicationsVanda Rideout examines active political resistance to the radical, neo-liberal transformation of Canadian telecommunications that has been orchestrated by the federal government, big business, and their powerful lobbyists over the last two decades. Rideout focuses on the protection of the public interest, a crucial element neglected by most recent studies, and shows that although alliances have been formed between labour, consumers, and public interest activists, significant disagreements over issues such as free trade, long distance and local competition, and a targeted subsidy program for very low-income Canadians have meant that this united front has not been able to counter the forces of the new neo-liberal telecommunication policy regime.Continentalizing Canadian Telecommunicationsdetails the complex relationships between the various corporate and government interests, shows how the changes they brought about have locked Canada's telecommunications system into the orbit of the US system, and discusses the implications this has for Canadians.
Author: Michael Clements
Publisher:
ISBN:
Category : Telecommunication
Languages : en
Pages : 214
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Book Description