Price Caps In Telecommunications Regulatory Reform
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Price Caps In Telecommunications Regulatory Reform
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Author : Leland L. Johnson
language : en
Publisher:
Release Date : 1989
Price Caps In Telecommunications Regulatory Reform written by Leland L. Johnson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with Price regulation categories.
Talk Is Cheap
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Author : Robert W. Crandall
language : en
Publisher: Brookings Institution Press
Release Date : 2010-12-01
Talk Is Cheap written by Robert W. Crandall and has been published by Brookings Institution Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-12-01 with Political Science categories.
The rapid pace of technological change is placing the world's telephone companies in a very difficult position. Fiber optics cables, wireless telephones, digital signal compression, and sophisticated new switching equipment are lowering the cost of providing service and opening the gates to new competition. At the same time, these new technologies are providing the telephone companies with a wide array of new market opportunities. Unfortunately, their status as regulated carriers makes it difficult to exploit these new opportunities and to fend off competitive assaults on their traditional telephone business. As long as they are regulated, they can be accused of using their monopoly services to cross-subsidize new competitive ventures. But partial deregulation and open entry would be a catastrophe for them unless they were allowed to revise their rate structure. There is a widespread misconception that the U.S. telecommunications industry has been "deregulated" and that Canadian authorities are following the U.S. lead. In fact, most services remain regulated, even though some markets, such as long-distance services, equipment sales and rentals, and local services, have been opened up. This book reviews the recent changes in the structure of U.S. and Canadian telecommunications industries and the changes in regulatory policy on both sides of the border. The authors analyze the effects of these changes in regulation on telephone rates in both the local and long-distance markets with particular emphasis on the impacts of regulatory reforms and competition on long-distance rates. They use their results to suggest how regulation should be structured to allow competition to replace monopoly on the road to the information superhighway. The authors contend that for decades misguided regulation of the telephone sector in both Canada and the U.S. denied consumers the benefits of competition, distorted local and long-distance telephone rates, and blocked en
The Telecommunications Act Of 1996 The Costs Of Managed Competition
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Author : Dale E. Lehman
language : en
Publisher: Springer Science & Business Media
Release Date : 2000-09-30
The Telecommunications Act Of 1996 The Costs Of Managed Competition written by Dale E. Lehman and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-09-30 with Business & Economics categories.
The Telecommunications Act of 1996 envisioned a competitive free-for-all in the U.S. telecommunications industry with removal of barriers to entry in local telecommunications markets and the lifting of the artificial restrictions that kept the Regional Bell Operating Companies (RBOCs) out of the interLATA long-distance market. After close to 5 years, only one RBOC has been granted permission (controversially) to enter the interLATA market, and local competition has yet to provide most consumers with meaningful choices. In addition, the wave of mergers across the industry has raised the specter of putting the former Bell System back together again. Policymakers now openly question whether the Act can deliver what it promised. Three principal themes are developed in this book. First, there has been a coordination failure between Congress and the FCC in translating the principles embodied in the Act into practice. The authors provide evidence for this by analyzing stock market reactions to legislative and regulatory actions. This coordination failure was largely predictable, given the ambiguity in the Act, as well as conflicting jurisdictions between the FCC and the states. Second, the Act calls for wholesale prices to be `based on cost.' Regulators adopted a costing standard (TELRIC) that provides a means to subsidize competitive entry in local telephone service markets. The ready adoption of the TELRIC standard by regulators is shown to be tied to the third theme: price cap regulation provides regulators with `insurance' against the adverse effects of competition in local telephone markets. Statistical analysis reveals that regulators in price cap states set uniformly lower unbundled network element prices (lower barriers to entry) in comparison with regulators in rate-of-return and earnings sharing states. The result is a triumph of regulatory processes over market processes - the antithesis of the purpose of the Act.
Competition In Telecommunications
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Author : Jean-Jacques Laffont
language : en
Publisher: MIT Press
Release Date : 2001
Competition In Telecommunications written by Jean-Jacques Laffont and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Business & Economics categories.
The authors analyze regulatory reform and the emergence of competitionin network industries using the state-of-the-art theoretical tools ofindustrial organization, political economy, and the economics ofincentives.
Telecom Reform
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Author : William H. Melody
language : en
Publisher:
Release Date : 1997
Telecom Reform written by William H. Melody and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Teknologisk udvikling categories.
Analiza: El propósito y la experiencia de la regulación; Nuevas tecnologías, redes y mercados; Gestión de recursos públicos; Eficiencia, equidad y protección del consumidor; Herramientas básicas de regulación; Aspectos especiales que afectan a los países en vías de desarrollo; Cuestiones futuras sobre redes inteligentes y comercio electrónico.
Designing Incentive Regulation For The Telecommunications Industry
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Author : David E. Sappington
language : en
Publisher: American Enterprise Institute
Release Date : 1996
Designing Incentive Regulation For The Telecommunications Industry written by David E. Sappington and has been published by American Enterprise Institute this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with Business & Economics categories.
This book applies new advances in economic theory regarding the asymmetry of information between firms and their regulators to the design of improved telecommunications regulation.
Controlling Market Power In Telecommunications
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Author : Damien Geradin
language : en
Publisher: Oxford University Press, USA
Release Date : 2003
Controlling Market Power In Telecommunications written by Damien Geradin and has been published by Oxford University Press, USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Business & Economics categories.
Controlling market power is a crucial issue in liberalised telecommunications markets. By comparatively analysing five countries, this book explores how the regulatory framework should be designed.
Telecommunications Reform In The Asia Pacific Region
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Author : Allan Brown
language : en
Publisher: Edward Elgar Publishing
Release Date : 2005-02-24
Telecommunications Reform In The Asia Pacific Region written by Allan Brown and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-02-24 with Business & Economics categories.
This book attempts to draw lessons from the experiences of developed as well as developing countries in carrying out telecommunications reform. Contributors come from academia, as well as from stakeholders in telecommunications policy in a dozen countries, mostly in the Asia-Pacific region. Globally, the telecommunications industry is undergoing major changes: technological advances in the form of a vast number of new digitised services, ownership shifts as state-owned carriers in many countries become fully or partly privatized, and a general transition from monopolistic to more competitive market environments. The economic and regulatory experiences derived from these changes are explored and analyzed using the USA, the UK, Australia and Singapore to represent developed and newly industrialized countries, and China, India, Indonesia, Malaysia, the Philippines, Sri Lanka, Thailand and Vietnam as examples of developing countries. The conclusions outlined in this timely volume hold important lessons for these as well as for other countries.
Regulatory Reform And Competitiveness In Europe Vertical Issues
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Author : Giampaolo Galli
language : en
Publisher: Edward Elgar Publishing
Release Date : 2000-01-01
Regulatory Reform And Competitiveness In Europe Vertical Issues written by Giampaolo Galli and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-01-01 with Political Science categories.
The second of two volumes, this text discusses the vertical issues involved in regulatory reform. The contributors describe in detail the regulatory reforms which are needed or have been initiated in nine major industrial sectors, including automobiles, textiles and clothing, retail trade, chemicals, banking, road transport, telecoms, electricity and (scheduled) air transport. They argue that regulatory reform can, more often than not, help improve the competitiveness of companies while generating net growth effects for the European Union as a whole.
Talk Is Cheap The Promise Of Regulatory Reform In North American Telecommunications
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Author :
language : en
Publisher:
Release Date : 1995
Talk Is Cheap The Promise Of Regulatory Reform In North American Telecommunications written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with categories.
Focuses on the distortions in pricing resulting from regulation. Assesses the impact of competition.