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Author : Karen K. Furbish
Publisher :
ISBN 13 : 9780938866107
Total Pages : 40 pages
Book Rating : 4.8/5 (661 download)
Download or read book Competition in U. S. Local Telecommunications Markets written by Karen K. Furbish and published by . This book was released on 1999-03-01 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : John Hamilton Anderson
Publisher :
ISBN 13 :
Total Pages : 16 pages
Book Rating : 4.F/5 ( download)
Download or read book Telecommunications written by John Hamilton Anderson and published by . This book was released on 1995 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Jean-Jacques Laffont
Publisher : MIT Press
ISBN 13 : 9780262621502
Total Pages : 340 pages
Book Rating : 4.6/5 (215 download)
Download or read book Competition in Telecommunications written by Jean-Jacques Laffont and published by MIT Press. This book was released on 2001 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors analyze regulatory reform and the emergence of competitionin network industries using the state-of-the-art theoretical tools ofindustrial organization, political economy, and the economics ofincentives.
Author : Robert W. Crandall
Publisher : Rowman & Littlefield
ISBN 13 : 0815797702
Total Pages : 225 pages
Book Rating : 4.8/5 (157 download)
Download or read book Competition and Chaos written by Robert W. Crandall and published by Rowman & Littlefield. This book was released on 2005-04-26 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 : Mark D. Director
Publisher :
ISBN 13 :
Total Pages : 20 pages
Book Rating : 4.3/5 (243 download)
Download or read book Competition in the U.S. Telecommunications Market written by Mark D. Director and published by . This book was released on 1991 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Dale E. Lehman
Publisher : Springer Science & Business Media
ISBN 13 : 1461543150
Total Pages : 134 pages
Book Rating : 4.4/5 (615 download)
Download or read book The Telecommunications Act of 1996: The “Costs” of Managed Competition written by Dale E. Lehman and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Author : J. Gregory Sidak
Publisher : Springer Science & Business Media
ISBN 13 : 9401006407
Total Pages : 86 pages
Book Rating : 4.4/5 (1 download)
Download or read book Competition and Regulation in Telecommunications written by J. Gregory Sidak and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume brings together academic economists and lawyers to evaluate and compare the regulation of telecommunications markets in Germany and the United States. The unifying theme in all of the pa pers is that the goal of public policy in this area should be to make the broadest and most functional competition possible by means of an ap propriate regulatory framework. Because the European and American telecommunications markets are becoming more intertwined each day, the issues addressed in this volume will be topical to the business, government, and academic communities for some time. For the chairman of the Monopoly Commission, Wernhard Moschel, the opening of the German telecommunications market has been successful in principle. This is clearly recognizable in the case of the competition in long-distance transport. Based on the view that the regulatory authority should make itself obsolete, Professor Moschel advocates an incremental review and gradual reduction of regulation.
Author : William J. Baumol
Publisher : American Enterprise Institute
ISBN 13 : 9780844740539
Total Pages : 216 pages
Book Rating : 4.7/5 (45 download)
Download or read book Toward Competition in Local Telephony written by William J. Baumol and published by American Enterprise Institute. This book was released on 1994 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses local competition in the telecommunications sector.
Author : Robert W. Crandall
Publisher : Brookings Institution Press
ISBN 13 : 0815705336
Total Pages : 189 pages
Book Rating : 4.8/5 (157 download)
Download or read book After the Breakup written by Robert W. Crandall and published by Brookings Institution Press. This book was released on 2010-12-01 with total page 189 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. telecommunications industry has undergone dramatic changes in recent years that have touched almost every American home and business. The average American can dial almost anywhere in the world directly, store and forward a message, or transmit a fax in less than a minute; often for less than the real cost of a 500-mile telephone call tweny-five years ago. The combination of telecommunications breakthroughs, competition among new and old carriers, and the AT&T breakup has transformed the telephone industry and provided customers with a new array of equipment and services. Robert W. Crandall examines the effects of the AT&T breakup and weighs the costs and benefits to the residential and business consumer. On balance, he finds that the efficiency gains from opening up the telephone industry have more than offset the possible efficiency losses, which may be caused by the sacrifice of economies of scale and scope or the absence of fully compatible equipment and services. The replacement of regulation with competition has led to greater productivity in the telephone industry, a more efficient rate structure, and lower equipment prices. Crandall traces the telecommunications evolution from its early beginnings as pairs of copper wires up through the historic 1982 decision to divest. He investigates the impact of technological changes, competition, and the advent of divestiture on the quality of service, local and interexchange service rates, productive efficiency, and income distribution. He also focuses on problems that linger after the breakup in the increasingly competitive but highly regulated sector.
Author : United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Telecommunications, Consumer Protection, and Finance
Publisher :
ISBN 13 :
Total Pages : 468 pages
Book Rating : 4.:/5 (31 download)
Download or read book Telecommunications in Transition written by United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Telecommunications, Consumer Protection, and Finance and published by . This book was released on 1981 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : United States. Congress. Senate. Committee on Commerce, Science, and Transportation
Publisher :
ISBN 13 :
Total Pages : 110 pages
Book Rating : 4.F/5 ( download)
Download or read book Local Telephone Competition written by United States. Congress. Senate. Committee on Commerce, Science, and Transportation and published by . This book was released on 2005 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Nakil Sung
Publisher : Garland Science
ISBN 13 : 1000524590
Total Pages : 142 pages
Book Rating : 4.0/5 (5 download)
Download or read book Competition and Techincal Change in the U.S. Telephone Industry written by Nakil Sung and published by Garland Science. This book was released on 2021-11-18 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1997. While local telephone companies still maintain their monopolistic position, rapid technological advance in telecommunications is destroying the established market structure in the local telephone industry. The U.S. Telecommunications Act of 1996 aimed at eliminating any legal barrier which has suppressed technically feasible local competition. This study attempts to provide pro-competitive evidence on the technological or cost structure of the U.S. local telephone industry. In particular, the study presents strong evidence against cost subadditivity of local telephone companies and shows that local telephone companies have been isolated from the disciplinary effects of competition in comparison with their competitive counterparts. The study not only has policy implications for entry and competition in local telephone markets, but also provides a new approach to the measurement of embodied technical change.
Author : Rob Frieden
Publisher : Yale University Press
ISBN 13 : 0300163126
Total Pages : 618 pages
Book Rating : 4.3/5 (1 download)
Download or read book Winning the Silicon Sweepstakes written by Rob Frieden and published by Yale University Press. This book was released on 2010-01-01 with total page 618 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this timely book, Rob Frieden points out the myriad ways the United States has fallen behind other countries in telecommunications. Despite the appearance of robust competition and entrepreneurism in U.S. telecom markets, there is very little of either. Because of an inattentive Congress and a misguided Federal Communications Commission unwilling to confront real problems, industry incumbents have been able to earn healthy profits while keeping the United States in the backwaters of Internet-based information, communication, and entertainment markets. At every turn regulators have tipped the scales in favor of large established companies, creating an environment that stifles innovation. As a consequence, Americans are stuck with relatively slow connectivity and with equipment that lacks features that have been standard in other countries for years. In telecommunications, the United States is a little like a third world country that is developing under a crushing bureaucracy without recognizing that the rest of the world has passed it by. Frieden shows how failure can intrude on the ability of the United States to compete and suggests how to restore its competitiveness.--Publisher's description.
Author : United States. General Accounting Office
Publisher :
ISBN 13 :
Total Pages : 57 pages
Book Rating : 4.:/5 (3 download)
Download or read book Telecommunications written by United States. General Accounting Office and published by . This book was released on 2000 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : United States. General Accounting Office
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (3 download)
Download or read book Telecommunications written by United States. General Accounting Office and published by . This book was released on 2000 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Antitrust, Business Rights, and Competition
Publisher :
ISBN 13 :
Total Pages : 64 pages
Book Rating : 4.F/5 ( download)
Download or read book The Telecom Act Five Years Later written by United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Antitrust, Business Rights, and Competition and published by . This book was released on 2002 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Ingo Vogelsang
Publisher : MIT Press (MA)
ISBN 13 :
Total Pages : 392 pages
Book Rating : 4.3/5 (91 download)
Download or read book Telecommunications Competition written by Ingo Vogelsang and published by MIT Press (MA). This book was released on 1997 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: The local and short distance telecommunications markets - the "last ten miles" - of the telecommunications industry are the target of this study. Information is provided about telecommunications technology and network structure, and their relationship to t
