(no abstract)

Recently proposed regulations by the Federal Communications Commission would allow cable television firms to import distant television signals into major urban markets, require local origination of programs by the cable system, and set minimum requirements for channel capacity, signal quality,...

Despite wide acceptance of the view that identical bids suggest the presence of a cartel agreement, there has been little analysis of the role that such bids would play. When this matter is examined, we find that except in certain extreme circumstances, identical bid arrangements are unlikely to...