Dear Chairman Wheeler: Congratulations on your confirmation as Chairman of the Federal Communications Commission. As economists who study and write about communications policy and regulation, we agree with your comment during your confirmation hearing that “the role of the FCC has evolved from...

In the authors' shared opinion, the economic evidence does not support the regulations proposed in the Commission's Notice of Proposed Rulemaking Regarding Preserving the Open Internet and Broadband Industry Practices (the “NPRM”). To the contrary, the economic evidence provides no support...

This paper presents a framework for evaluating whether a firm lacks dominance in a particular market despite manifesting relatively high market shares. We show that demand complementarities and high price-cost margins combine with multi-market participation to reduce the significance of market...