Asymmetrical regulation: Principles for emerging competition in local service markets

Dennis L Weisman

Telecommunications Policy, 1994, vol. 18, issue 7, 499-505

Abstract: Asymmetrical regulation in the long-distance market forced AT&T to adopt a strategy of 'optimal mediocrity' with correspondingly high social cost -- both measurable and unmeasurable. This experience suggests that the evolution of competition in local service markets be based on the principle that welfare-enhancing competition requires a fair and symmetric regulatory process. Anything else should be considered suspect.

Date: 1994
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