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Author: Martin Cave
Publisher: Brookings Institution Press
ISBN: 0815798784
Category : Technology & Engineering
Languages : en
Pages : 99
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Book Description
A Brookings Institution Press and American Enterprise Institute publication The 1990s witnessed a major revolution in telecommunications policy in North America and Europe. The electronics revolution swept the world, and most countries began to realize that they could not compete in many markets without a vibrant, competitive telecommunications sector. As a result, the European Union, Canada, and the United States launched major new liberalization policies aimed at opening all telecommunications markets to competition. This report presents two views of the progress towards competition—one for North America and one for Europe. The authors provide an overview of the market structure on both continents prior to the 1990s, discuss significant regulatory changes during that decade, and analyze changes in rate structures and competition that have occurred since liberalization. They conclude with a look at the present and future impact of the Internet and other new technologies on the telecommunications industry.
Author: Martin Cave
Publisher: Brookings Institution Press
ISBN: 0815798784
Category : Technology & Engineering
Languages : en
Pages : 99
Get Book Here
Book Description
A Brookings Institution Press and American Enterprise Institute publication The 1990s witnessed a major revolution in telecommunications policy in North America and Europe. The electronics revolution swept the world, and most countries began to realize that they could not compete in many markets without a vibrant, competitive telecommunications sector. As a result, the European Union, Canada, and the United States launched major new liberalization policies aimed at opening all telecommunications markets to competition. This report presents two views of the progress towards competition—one for North America and one for Europe. The authors provide an overview of the market structure on both continents prior to the 1990s, discuss significant regulatory changes during that decade, and analyze changes in rate structures and competition that have occurred since liberalization. They conclude with a look at the present and future impact of the Internet and other new technologies on the telecommunications industry.
Author: Martin E. Cave
Publisher:
ISBN:
Category :
Languages : en
Pages : 97
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Book Description
Author: Robert W. Crandall
Publisher: Rowman & Littlefield
ISBN: 0815797702
Category : Business & Economics
Languages : en
Pages : 225
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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: Eli M. Noam
Publisher:
ISBN:
Category :
Languages : en
Pages : 28
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Book Description
Author: Eli M. Noam
Publisher:
ISBN:
Category : Telecommunication policy
Languages : en
Pages : 274
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Book Description
Author: Paul J.J. Welfens
Publisher: Springer Science & Business Media
ISBN: 3540360301
Category : Political Science
Languages : en
Pages : 212
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Book Description
This book analyzes the dynamics and impacts of software development and discusses new institutional and economic changes in the context of digital market economies. Regulatory approaches in OECD countries are compared and country studies evaluated with respect to innovation and welfare aspects. The book furthermore examines telecommunications regulation of fixed line networks, cable TV and mobile communications. Also discusses the role of EU framework regulation and issues of market power.
Author: Robin Gaster
Publisher: Routledge
ISBN: 1315479672
Category : Political Science
Languages : en
Pages : 272
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Book Description
This text suggests solutions to the obstacles facing the USA and European Union as they race to secure their positions in the global information age. Despite the size and prowess of both the USA and European Union, neither will be able to take advantage of this age without a collaborative effort.
Author: Daniel Sheldon Hamilton
Publisher: CEPS
ISBN: 0976643413
Category : Business & Economics
Languages : en
Pages : 313
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Book Description
How Transatlantic markets are leading globalization. Book Description.
Author: United States. President (2001-2009 : Bush)
Publisher:
ISBN:
Category : Electronic government information
Languages : en
Pages : 342
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Book Description
Author:
Publisher:
ISBN:
Category : Collaborative divorce
Languages : en
Pages : 320
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Book Description
