Tardiff, Timothy - In: Journal of Regulatory Economics 47 (2015) 2, pp. 201-217
<Para ID="Par1">In 1996, The Federal Communications Commission (FCC) prescribed total element long-run incremental cost (TELRIC) to determine rates incumbent local exchange carriers (ILECs) charge for most mandated wholesale services. TELRIC, which bases prices on a hypothetical incumbent that serves current...</para>