This article reviews national regulatory policies that bear on the goals of universal service and of innovation in basic telecommunication services, primarily voice telephony. It summarizes a report commissioned by the International Telecommunication Union (ITU) in connection with its Regulatory...

<DIV>William Letwin's thorough, carefully argued, and elegantly written work is the only book length study of the Sherman Antitrust Act, a law designed to shape the economic life of a large complex society through maintaining the "correct" level of competition in the economy. This is a superb history...</div>