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In response to a request for comment from the Federal Trade Commission, this report is divided into three parts:• The FTC's continuing leadership in consumer protection for Internet access• Competition and consumer protection in a changing communications industry• Competition and consumer...
Persistent link: https://www.econbiz.de/10012892717
In the last few years, U.S. telecoms policy has shifted from encouraging the sharing of existing networks to facilitating the deployment of advanced communications networks. Given the large capital expenditures required for these networks, there can be only a few of such networks. In light of...
Persistent link: https://www.econbiz.de/10014050795
In the last few years, U.S. telecoms policy has shifted from encouraging the sharing of existing networks to facilitating the deployment of advanced communications networks. Given the large capital expenditures required for these networks, there can be only a few of such networks. In light of...
Persistent link: https://www.econbiz.de/10014063100
After a brief discussion on expected and actual investment behavior in the telecommunications industry after the 1996 Act, an econometric model is used to quantify the relationship between UNE-P competition and Bell Operating Company investments in telecommunications plant. Using...
Persistent link: https://www.econbiz.de/10014073373
Government data on employment in the telecommunications industry reveals a substantial increase in sector employment following passage of the Telecommunications Act of 1996. This increase in employment reversed the declining jobs trend prior to the Act. Econometric analysis indicates that...
Persistent link: https://www.econbiz.de/10014073375
This Policy Bulletin measures the gains to consumer welfare of the new "all distance"/"all you can eat" competition produced by the market-opening provisions of the Telecommunications Act of 1996. Analysis reveals that the consumer welfare gain amounts to approximately $10 billion per year, and...
Persistent link: https://www.econbiz.de/10014073455
Fifty years ago, U.S. Supreme Court Justice Felix Frankfurter warned the Federal Communications Commission not to view competition in an abstract, sterile way. To illustrate the dangers of using such an abstract approach to the key issue of ILEC market power, this paper uses the Commission's...
Persistent link: https://www.econbiz.de/10014073823
During the last two decades, bundling has become a hot topic for Industrial Organization economists, mainly as a result of legal actions against Microsoft (Crampes and Hollander 2007). In this spirit, the literature has thus far focused on asymmetric settings where one firm holds a monopoly for...
Persistent link: https://www.econbiz.de/10014047236
Abstract In markets with competing interconnected networks like mobile telecommunication markets investments affect the investor’s and also any competitors’ profits. In a theoretical model it is shown that cost-reducing investments reduce the investor’s termination rates and increase...
Persistent link: https://www.econbiz.de/10010299497
This paper considers the impact of European telecom regulation on the value of affected companies. Employing a repeating ARGARCH model, I compare the effect of three types of regulation which are categorized based on the addressed subject, i.e. cross-market, country-specific and company-specific...
Persistent link: https://www.econbiz.de/10010303007