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Competition and Chaos: U.S. Telecommunications since the 1996 Telecom Act
Paperback
ISBN13: 9780815716174
Publisher: Brookings Institution Press
Published: Apr 26 2005
Pages: 224
Weight: 0.68
Height: 0.60 Width: 6.22 Depth: 8.98
Language: English
The 1996 Telecommunications Act was an attempt to increase competition among telecommunications providers in the United States by reducing regulatory barriers to market entry. This competition was expected to drive innovation in the telecommunications sector and reap economic benefits for both American consumers and telecommunications providers. The legislation, however, had a markedly different impact. While many of the more aggressive providers enjoyed sharp short-term rises in stock market values, they soon faced sudden collapse, leaving consumers with little or no long-term benefit.
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