This volume shows that the public policy concerns are not accidental, because such industries often embody two major and widely recognized forms of potential market failure.

The author explores periods of rapid technological change for coincidences of widening inequality and slowing productivity growth.

This book identifies the major sources of competition to the cable television industry, such as telephone companies, direct broadcast satellite services, and traditional broadcasting stations.

The federal government has made substantial progress in reforming economic regulation--especially by deregulating prices and reducing entry barriers in specific industries.

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

Key economists for the government and for the Microsoft Corporation lay out their views on the key issues and then respond to the views presented by the opposing side.