Competition and 'Local' Communications: Innovation, Entry and Integration

Gregory L Rosston and David Teece

Industrial and Corporate Change, 1995, vol. 4, issue 4, 787-814

Abstract: This paper suggests that the imminent introduction of new local access competition using existing new technologies should end any possibility of a natural monopoly in local exchange. The paper questions whether the fundamental economics of the local exchange really require regulation of local telephone service rather than the narrow regulation of interconnection. It also points out that technological development is sharpening competitive forces in practically all aspects of telecommunications. Moreover, the willingness of some local exchange providers to unbundle has laid the foundation for a further rollback of regulation in areas of the USA. Finally, the paper contends that regulatory lags require that regulation take a forward-looking perspective and attempt to deal with the industry as it will be, not as it was. Copyright 1995 by Oxford University Press.

Date: 1995
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:indcch:v:4:y:1995:i:4:p:787-814

Ordering information: This journal article can be ordered from
https://academic.oup.com/journals

Access Statistics for this article

Industrial and Corporate Change is currently edited by Josef Chytry

More articles in Industrial and Corporate Change from Oxford University Press and the Associazione ICC Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK.
Bibliographic data for series maintained by Oxford University Press ().