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Structure, Regulation and Competition (Hardcover, 1st ed)
Loot Price: R4,085
Discovery Miles 40 850
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Structure, Regulation and Competition (Hardcover, 1st ed)
Series: Handbook of Telecommunications Economics
Expected to ship within 12 - 17 working days
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The years since the early 1980s have seen exceptionally fast rates
of change in every aspect of the telecommunications industry. These
include major technology changes and the convergence of the
broadcasting, information technology and telecommunications
industries. The earlier view of telecommunications as a natural
monopoly has now given way to one in which almost all parts are
susceptible to some form of competition. Simultaneously, market
structure has changed through the replacement of the former
monopolistic, vertically integrated telephone companies by a
variety of competing firms. These developments have been
accompanied by major legislative and regulatory developments,
including the passing in the United States of the 1996
Telecommunications Act and the introduction of a large number of
new laws and regulations in Europe and elsewhere. The same changes
have seen a massive expansion of independent regulatory agencies.
This volume provides detailed reviews and commentaries on these
contemporary changes in the landscape of a major industry from an
academic perspective, yet in an analytical manner designed for a
wide audience of academics and professionals with an interest in
the telecommunications industry. The contents are set out in three
main sections. The chapters in section one deal with the economic
characteristics of the sector, which define the industry's
structure. Sections two and three deal respectively with regulation
and competition. Regulatory and competition issues continuously
interact with each other, as each set of issues influences the
other. The industry continues to evolve through the interaction of
the various processes. Volume 1 of the handbook aims to provide an
integrated set of concepts, evidence and facts that will enable the
reader to understand this process.
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