Unnatural monopoly in telecommunications

John T. Wenders

Telecommunications Policy, vol. 16, issue 1, 13-15

Abstract: There has been considerable disagreement, especially in the USA, over whether the telecommunications industry is a natural monopoly. The same data have been used to reach opposite conclusions and then to support or oppose regulatory intervention. But Professor Wenders argues that there is little that is 'natural' about the data being used, they themselves are affected by the incentives given by protected regulation, hence no conclusions can be drawn from them about natural monopoly.

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