The Telecommunications Act at three years: an economic evaluation of its implementation by the Federal Communications Commission |
| |
Authors: | Alfred E Kahn Timothy J Tardiff Dennis L Weisman |
| |
Institution: | a National Economic Research Associates, 308 N. Cayuga Street, Ithaca, NY 14850, USA;b National Economic Research Associates, One Main Street, Cambridge, MA 02142, USA;c Kansas State University, Manhattan, KS 66506, USA |
| |
Abstract: | The competitive free-for-all that Congress envisioned in the 1996 Telecommunications Act has for the most part not appeared. The Act calls for two forms of regulatorily-assisted entry into local markets: lease of network elements and resale. The FCC has decreed that the charges for those elements and the resale discounts must emulate the costs of an ideally-efficient firm. This standard is in fact not efficient, and the FCC’s attempt to jump-start the entry of competitors in this way has short-circuited the competitive process itself and jeopardized achievement of the goals of the Act. |
| |
Keywords: | Regulation Telecommunications Competition Efficiency Innovation |
本文献已被 ScienceDirect 等数据库收录! |
|