Articulating A Modern Approach to FCC Competition Policy

Reed Hundt and Gregory Rosston ()
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Reed Hundt: Coalition for Green Capital
Gregory Rosston: Stanford University

No 13-003, Discussion Papers from Stanford Institute for Economic Policy Research

Abstract: The FCC has taken three different competition policy approaches: the classic role of regulating terms and conditions of sale, the modern role of using various tools to create largely deregulated, multi-firm, competitive markets, and the laissez-faire approach of believing that unregulated markets, even if monopolized, will produce the best outcome. For the most part, a light-handed modern role has proven successful. The FCC should adopt such an approach going forward with a classic regulatory role as a backstop, and it should articulate clearly its competition policy framework so that firms can understand the rules and compete to provide service to customers in a pro-competitive manner.

Date: 2013-09
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