reduces economic welfare in all instances. That is, even with monopoly supply, regulation offers no improvement in economic … Access services. Given the present debate over expanding price regulation in this sector, the importance of market definition … on the expected economic effects of regulation is worth evaluating. In this paper, we demonstrate that if geographic …

content and broadband providers. While proponents of such regulation may view it as protection from alleged anticompetitive …

Over the past twenty years we have seen the emergence of an important phenomenon in the practice of modern regulation …. Also, regulation “as practiced” now may allow an administrative agency to expand greatly its power beyond its statutory …

In the last year, many advocates have called for the imposition of Carterfone regulation on the wireless industry. The … similar wireless Carterfone regulation to all commercial wireless spectrum could suppress wireless infrastructure investment … regulation across the board is likely to cause particular harm to small or medium-sized wireless firms by enhancing the role of …

broadband access could lead to the monopoly provision of advanced broadband services in many markets. This outcome would harm …

substantial risks that Carterfone-type regulation would commoditize wireless network services in a way that could substantially …

spending are top priorities in Washington. A now-popular target for reform is regulation, which even President Obama claims to … budget. That said, while regulation imposes costs, regulation may also have social benefits, and this fact should be …