Download The telecoms trade war: the United States, the European by Mark Naftel, Lawrence J. Spiwak PDF

By Mark Naftel, Lawrence J. Spiwak

If one have been to think the politicians and pundits within the exchange press,the international is in midst of a ?Ђњtelecoms revolution,?Ђќ as a result of (the) deregulation and new aggressive possibilities represented by means of the 1997 global alternate agency contract on simple Telecommunications companies. this can be real. regrettably, besides the fact that, the activities of many regulators and contributors extra thoroughly display now not a telecoms ?Ђњrevolution?Ђќ yet in its place a becoming telecoms exchange struggle that's dangerously with regards to spiralling out of hand. during this e-book, Naftel and Spiwak evaluate U.S. and ecu festival and regulatory tasks post-WTO and supply either an invaluable roadmap to today?Ђ™s united states, ecu and WTO telecoms law and an exam of assorted case experiences to demonstrate their issues. In so doing, the authors notice regrettably the unhappy truth that, regardless of the political rhetoric, regulators on each side of the Atlantic have eschewed cutting edge and certainly effective ideas to create a industry constitution conducive to long term aggressive competition. as a substitute, the authors reveal that present guidelines display a growing to be cynicism in the direction of the maximisation of patron welfare that might be tricky - if no longer outright very unlikely- to remove.??

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Actual amount of refunds achieved are often de minimis—generally a couple of thousand dollars). Thus, if government is really so concerned about the ability of cable monopolies to gouge consumers over a few thousand bucks, then government should simply write consumers a check for this amount instead. More disturbing, however, is that this costly regime does absolutely nothing to improve the overall performance of the larger “Multichannel Video Programming Distribution (MVPD) market. See Annual Assessment of the Status of Competition in the Market for the Delivery of Video Programming, Third Annual Report, FCC 96–496 (rel.

Unfortunately, however, the actions of many regulators and competition law enforcement agencies more accurately reveal not a telecoms “revolution” but instead a growing telecoms trade war that is dangerously close to spiralling out of hand. That is to say, over the last several years, people have realised around the globe that it is, in fact, possible to have competition in the telecoms industry and, with such competition, maximise consumer welfare on a wide variety of levels. What we show in this book, however, is that this basic idea has become, in many instances, so perverted by naked cynicism and political narcissism as to make the maximisation of consumer welfare an almost Quixotic ideal.

19 In sum, trade is, and will always continue to be, an important foreign policy priority and legitimate national interest. Yet when trade policies—especially those policies espousing naked mercantilism—are improperly cast in the guise of promoting “antitrust policies” or “public interest benefits,” such policies will contribute to achieving neither (1) competition law’s goal of maximising longterm consumer welfare with lower prices and more choices nor (2) trade policies’ goal of helping domestic firms expand overseas.

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