Toward Competition in Local Telephony

Toward Competition in Local Telephony - AEI Studies in Telecommunications Deregulation

Hardback (01 Feb 1994)

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Publisher's Synopsis

Local telephone companies have long been extensively regulated as natural monopolies. Technological innovation and the prospect for lifting regulatory barriers to entry, however, now expose at least some portions of the local exchange to competition from cable television systems, wireless telephony, and rival wireline systems.;William Baumol and Gregory Sidak examine how telecommunications regulation can be designed to adapt automatically as the market becomes increasingly competitive and ask, if certain parts of local telephony remain naturally monopolistic, how can regulators protect consumers against cross-subsidy, predatory pricing, and price discrimination? How should a local exchange carrier that is a natural monopoly in some activities be permitted to price necessary inputs it sells to its competitors in the market for the final telecommunications products? The economic analysis that the authors employ to answer these questions can apply to any network industry.

Book information

ISBN: 9780262023696
Publisher: MIT Press
Imprint: The MIT Press
Pub date:
DEWEY: 384.63
DEWEY edition: 20
Number of pages: 190
Weight: 490g
Height: 158mm
Width: 235mm
Spine width: 20mm