Delay due to multiple merger reviews in regulated industries is analysed empirically. Tests on a sample of over 500 mergers between 1990 and 1998 reveal that delay is 80% longer in regulated industries than unregulated industries

With a sluggish economy, high unemployment, and unprecedented deficit spending, growing the economy and curbing federal spending are top priorities in Washington. A now-popular target for reform is regulation, which even President Obama claims to have "stifled innovation" and to have had "a...

Since broadband distribution networks, both wireless and wireline, require large levels of capital expenditures on long-lived assets, a Broadband Service Provider's incentive to invest in modern broadband infrastructure is influenced not only by current regulation but also by expectations...

In this perspective, I provide a detailed review of the Consumer Federation of America's attempt to calculate a “big number” in the context of the FCC's development of a new regulatory scheme for special access services. As shown here, CFA's claim is based on a method that is internally...

Over the past twenty years we have seen the emergence of an important phenomenon in the practice of modern regulation — cooperative bargaining between the regulator and the regulated over a “bundle” of seemingly unrelated issues. Because of the multiplicity of issues being adjudicated...