The Failure of Antitrust and Regulation to Establish Competition in Long-distance Telephone Services

The Failure of Antitrust and Regulation to Establish Competition in Long-distance Telephone Services PDF Author: Paul W. MacAvoy
Publisher: American Enterprise Institute
ISBN: 9780844740614
Category : Competition
Languages : en
Pages : 340

Get Book Here

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.

The Failure of Antitrust and Regulation to Establish Competition in Long-distance Telephone Services

The Failure of Antitrust and Regulation to Establish Competition in Long-distance Telephone Services PDF Author: Paul W. MacAvoy
Publisher: American Enterprise Institute
ISBN: 9780844740614
Category : Competition
Languages : en
Pages : 340

Get Book Here

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.

The Antitrust Paradox

The Antitrust Paradox PDF Author: Robert Bork
Publisher:
ISBN: 9781736089712
Category :
Languages : en
Pages : 536

Get Book Here

Book Description
The most important book on antitrust ever written. It shows how antitrust suits adversely affect the consumer by encouraging a costly form of protection for inefficient and uncompetitive small businesses.

Global Competition and Integration

Global Competition and Integration PDF Author: Ryuzo Sato
Publisher: Springer Science & Business Media
ISBN: 1461551099
Category : Business & Economics
Languages : en
Pages : 589

Get Book Here

Book Description
Global Competition and Integration offers varied perspectives on the changing international economy. The book is divided into four main sections covering world trade and competition, innovation and growth, financial markets and globalization, and regulation, distribution, and the role of government.

Deregulatory Takings and the Regulatory Contract

Deregulatory Takings and the Regulatory Contract PDF Author: J. Gregory Sidak
Publisher: Cambridge University Press
ISBN: 9780521591591
Category : Business & Economics
Languages : en
Pages : 654

Get Book Here

Book Description
This 1998 book addresses deregulatory policies termed 'deregulatory takings' that threaten private property in network industries without compensation.

Industry Studies

Industry Studies PDF Author: Larry L. Duetsch
Publisher: Routledge
ISBN: 1315290715
Category : Business & Economics
Languages : en
Pages : 557

Get Book Here

Book Description
Featuring new chapters on casino gambling and the nursing home industry, and updated throughout, the new edition of this highly readable text analyzes well-defined industries from commodities and manufacturing to distribution and services, showing how firms compete with one another. Each study gives appropriate attention to government policies that have influenced competitive conditions in the industry, and the material is presented without the use of calculus so that anyone with some background in economic principles can benefit from it. The book provides balance in regard to the mix of industries dealt with, and also in the varying perspectives of the contributors.

The Unsustainable Costs of Partial Deregulation

The Unsustainable Costs of Partial Deregulation PDF Author: Paul W. MacAvoy
Publisher: Yale University Press
ISBN: 0300137753
Category : Law
Languages : en
Pages : 203

Get Book Here

Book Description
This vivid portrait of Bart Giamatti encompasses his entire eventful life but focuses especially on his years at Yale University (1966-1986) and his brief career as a major league baseball executive (1986-1989). As scholar, teacher, and then university president, Giamatti was an admired and respected figure on campus. He forged his academic career during turbulent decades, and his tenure in baseball was no less contentious, for as commissioner of baseball he oversaw the banishment of Cincinnati's Pete Rose from the game for gambling. The book draws on Giamatti's numerous writings and speeches to illuminate the character and complexities of the man and to understand the values that motivated his leadership. Bart Giamatti was a cultural conservative and institutional moderate at a time when such values were out of favour and under attack. At Yale, as a baseball executive, and indeed in all things, Giamatti championed the related values of freedom and order. Robert P. Moncreiff places Giamatti in the context of major events at Yale, recounts in detail the legal context in which the Pete Rose affair unfolded, and arrives at a nuanced understanding of this memorable man's life.

The Telecoms Trade War

The Telecoms Trade War PDF Author: Mark Naftel
Publisher: Bloomsbury Publishing
ISBN: 1847312268
Category : Law
Languages : en
Pages : 526

Get Book Here

Book Description
If one were to believe the politicians and pundits in the trade press,the world is in midst of a “telecoms revolution,” resulting from (the) deregulation and new competitive opportunities represented by the 1997 World Trade Organisation Agreement on Basic Telecommunications Services. This may be true. Unfortunately, however, the actions of many regulators and industry participants more accurately reveal not a telecoms “revolution” but instead a growing telecoms trade war that is dangerously close to spiralling out of hand. In this book, Naftel and Spiwak review U.S. and European competition and regulatory initiatives post-WTO and provide both a useful roadmap to today's U.S., EU and WTO telecoms regulation and an examination of various case studies to illustrate their points. In so doing, the authors discover unfortunately the sad reality that, despite the political rhetoric, regulators on both sides of the Atlantic have eschewed innovative and indeed productive solutions to create a market structure conducive to long-term competitive rivalry. Instead, the authors demonstrate that current policies reveal a growing cynicism towards the maximisation of consumer welfare that will be difficult - if not outright impossible- to remove.

International Trade in Telecommunications

International Trade in Telecommunications PDF Author: Ronald A. Cass
Publisher: American Enterprise Institute
ISBN: 9780844740713
Category : Business & Economics
Languages : en
Pages : 318

Get Book Here

Book Description
The authors consider whether any special circumstances justify departure from free trade in telecommunications equipment.

Shaping American Telecommunications

Shaping American Telecommunications PDF Author: Christopher Sterling
Publisher: Routledge
ISBN: 1135690642
Category : Computers
Languages : en
Pages : 438

Get Book Here

Book Description
Shaping American Telecommunications examines the technical, regulatory, and economic forces that have shaped the development of American telecommunications services. This volume is both an introduction to the basic technical, economic, and regulatory principles underlying telecommunications, and a detailed account of major events that have marked development of the sector in the United States. Beginning with the introduction of the telegraph and continuing through to current developments in wireless and online services, authors Christopher H. Sterling, Phyllis W. Bernt, and Martin B.H. Weiss explain each stage of telecommunications development, examining the interplay among technical innovation, policy decisions, and regulatory developments. Offering an integrated treatment of the interplay among technology, policy, and economics as key factors defining the development of the telecommunications sector in the United States, this volume also provides: *background material to facilitate understanding of each sector; *contexts for many so-called "new" issues, problems, and trends, demonstrating origins from years or decades in the past; and *careful annotation, documentation, and reference tables to enable further research on the topics discussed. This unique multidisciplinary approach provides a balanced view of U.S. telecommunications history, in context with relevant economic, legal, social, and technical analyses. As such, it is essential reading for advanced students in telecommunications needing to understand how the telecommunications industry and service developed to its current form. The volume will also serve as a supplemental text in courses on telecommunications regulation, and it will be of value to professionals in the field seeking context and background for their daily work.

The Telecommunications Act of 1996: The “Costs” of Managed Competition

The Telecommunications Act of 1996: The “Costs” of Managed Competition PDF Author: Dale E. Lehman
Publisher: Springer Science & Business Media
ISBN: 1461543150
Category : Business & Economics
Languages : en
Pages : 134

Get Book Here

Book Description
The Telecommunications Act of 1996 envisioned a competitive free-for-all in the U.S. telecommunications industry with removal of barriers to entry in local telecommunications markets and the lifting of the artificial restrictions that kept the Regional Bell Operating Companies (RBOCs) out of the interLATA long-distance market. After close to 5 years, only one RBOC has been granted permission (controversially) to enter the interLATA market, and local competition has yet to provide most consumers with meaningful choices. In addition, the wave of mergers across the industry has raised the specter of putting the former Bell System back together again. Policymakers now openly question whether the Act can deliver what it promised. Three principal themes are developed in this book. First, there has been a coordination failure between Congress and the FCC in translating the principles embodied in the Act into practice. The authors provide evidence for this by analyzing stock market reactions to legislative and regulatory actions. This coordination failure was largely predictable, given the ambiguity in the Act, as well as conflicting jurisdictions between the FCC and the states. Second, the Act calls for wholesale prices to be `based on cost.' Regulators adopted a costing standard (TELRIC) that provides a means to subsidize competitive entry in local telephone service markets. The ready adoption of the TELRIC standard by regulators is shown to be tied to the third theme: price cap regulation provides regulators with `insurance' against the adverse effects of competition in local telephone markets. Statistical analysis reveals that regulators in price cap states set uniformly lower unbundled network element prices (lower barriers to entry) in comparison with regulators in rate-of-return and earnings sharing states. The result is a triumph of regulatory processes over market processes - the antithesis of the purpose of the Act.