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The Telecoms Trade War - The United States, the European Union and the World Trade Organisation (Hardcover)
Loot Price: R6,101
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The Telecoms Trade War - The United States, the European Union and the World Trade Organisation (Hardcover)
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If one were to believe the politicians and pundits in the trade
press,the world is in midst of a "telecoms revolution," resulting
from (the) deregulation and new competitive opportunities
represented by the 1997 World Trade Organisation Agreement on Basic
Telecommunications Services. This may be true. Unfortunately,
however, the actions of many regulators and industry participants
more accurately reveal not a telecoms "revolution" but instead a
growing telecoms trade war that is dangerously close to spiralling
out of hand. In this book, Naftel and Spiwak review U.S. and
European competition and regulatory initiatives post-WTO and
provide both a useful roadmap to today's U.S., EU and WTO telecoms
regulation and an examination of various case studies to illustrate
their points. In so doing, the authors discover unfortunately the
sad reality that, despite the political rhetoric, regulators on
both sides of the Atlantic have eschewed innovative and indeed
productive solutions to create a market structure conducive to
long-term competitive rivalry. Instead, the authors demonstrate
that current policies reveal a growing cynicism towards the
maximisation of consumer welfare that will be difficult - if not
outright impossible- to remove.
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