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After nearly six years of telecommunications "deregulation" in the United States, centering on the Telecommunications Act of 1996, there is little to which regulatory officials in charge of such deregulation can point in terms of benefits in the form of lower prices or innovative services. It is...
Persistent link: https://www.econbiz.de/10005587187
On February 19, 2007, Sirius Satellite Radio, Inc. (Sirius) and XM Satellite Radio, Inc. (XM) announced a "merger of equals" that would combine the only two U.S. satellite digital audio radio services (SDARS) providers into a single firm. In this report, I determine whether SDARS are a relevant...
Persistent link: https://www.econbiz.de/10014051834
We submit these comments to the Federal Trade Commission and the U.S. Department of Justice in their review of the Horizontal Merger Guidelines. The Agencies ask, in Question 8: “Should the Guidelines be revised to explain more fully than in the current §1.521 how market shares and market...
Persistent link: https://www.econbiz.de/10014201086
As part of the Modification of Final Judgment (MFJ) that implemented the divestiture of the Bell operating companies (BOCs) from AT&T on January 1, 1984, the BOCs were forbidden to carry telephone calls from one local access and transport area LATA) to another. Although the Telecommunications...
Persistent link: https://www.econbiz.de/10014115783
This essay, written three years before the enactment of the Telecommunications Act of 1996, is a reminder of how little has been accomplished in deregulating telecommunications. In 1993, I erroneously predicted that American telecommunications regulation was about to collapse like the walls of...
Persistent link: https://www.econbiz.de/10014119205
The United States has asymmetric regulation of the provision of broadband Internet access service. A cable television system operator is not regulated in its sale of cable modem service. In contrast, an incumbent local exchange carrier (ILEC) that offers digital subscriber line (DSL) service...
Persistent link: https://www.econbiz.de/10014119601
In this review of John Lott's book, Are Predatory Commitments Credible?: Who Should the Courts Believe?, we find that Lott is more successful in pointing out the likelihood of predatory pricing by public enterprises than in proving that predatory pricing by private enterprises does not occur. In...
Persistent link: https://www.econbiz.de/10014121600
Through the end of the twentieth century, the most critical regulatory issue facing electric utilities was stranded costs, which can be defined as those costs that the utilities were permitted to recover through their rates but whose recovery may have been impeded or prevented by the advent of...
Persistent link: https://www.econbiz.de/10014125590
United States v. Terminal Railroad Association, the essential facilities doctrine has been applied to a wide variety of business contexts - from football stadiums to the New York Stock Exchange. However, courts have also declined to extend the doctrine to a wide variety of situations. Despite...
Persistent link: https://www.econbiz.de/10014071952
In December 2002, President Bush established the Presidential Commission on the United States Postal Service for the purpose of proposing how government provision of mail delivery services might be reformed or transformed. The Commission reported in July 2003 that the Postal Service should not...
Persistent link: https://www.econbiz.de/10014031029