The authors argue that TV regulation should be based on the same principles used for print media, for which control of editorial content lies in private hands rather than the government.

The authors address claims that vertical ownership ties reduce programming diversity, restrict entry of competitors to cable, or have other socially undesirable effects.

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

The study concludes that the HDTV case ironically confirms the misgivings of skeptics and demonstrates the flaws in industrial policy.

This book calculates the deadweight loss caused by the inefficient method of taxation that the Federal Communications Commission has employed and describes an alternative method.