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The Failure of Antitrust and Regulation to Establish Competition in Long-distance Telephone Services

Paul W. MacAvoy

出版	American Enterprise Institute, 1996
ISBN	08447406169780844740614
URL	http://books.google.com.hk/books?id=Pc-L2vz0K14C&hl=&source=gbs_api
EBook	SAMPLE

註釋

With the antitrust decree breaking up the Bell System in 1984, the federal court overseeing the Modification of Final Judgment took on the task of determining how markets for long-distance telephone service would evolve from a regulated public utility structure to an open, competitive one. The Justice Department was to monitor the growth of competition, and the Federal Communications Commission was to regulate entry and prices. In effect, three regulatory organizations, through daily rulemaking, were to set new conditions that would make further regulation redundant and would effect competitive entry and pricing.