The effects of mergers on the media marketplace have historically failed to live up to dire predictions. Mergers are often a response to technological upheaval and turbulence in the media industry and firms should be allowed to experiment with such alternative business models with the intent on...

The paper focuses on the cost characteristics of Internet technology and on the question whether there are monopolistic bottlenecks in Internet services which justify regulatory intervention into the market. The analysis is prompted by a discussion which followed the MCI and Worldcom merger in...

Regulatory outcomes can vary substantially from one US state to the next. For example, at the end of 2002 regulated prices for access to the local loops of incumbent telephone networks varied from $2.79 per month in downtown Chicago, IL to $7.70 in Manhattan, NY to $12.14 in Houston, TX....

Technological and marketplace convergence in Information, Communications and Entertainment ("ICE") has contributed to the merger of conduit and content. Yet laws, regulations and trade policies assume a separation between the delivery of content and the creation of the content. For example, the...