Remarks on the Economic Implications of Convergence

Michael Katz ()

Industrial and Corporate Change, 1996, vol. 5, issue 4, 1079-95

Abstract: Convergence means different things to different people This paper discusses two ways in which convergence is generally discussed: (i) the convergence of voice, video and data in telecommunications markets: and (ii) the convergence of the telecommunications an computer industries In order to understand what types of new services will be offered and how industry structure will evolve, it is also necessary to understand the drivers of convergence Although technological change has played a key role, it is just as important to emphasize other forces, such as regulatory factors. Finally, wbile some aspects of convergence should lead to increased competition, others may not. Copyright 1996 by Oxford University Press.

Date: 1996
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