Books > Business & Economics > Industry & industrial studies > Media, information & communication industries > Postal & telecommunications industries
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The Need for Speed - A New Framework for Telecommunications Policy for the 21st Century (Paperback, New)
Loot Price: R797
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The Need for Speed - A New Framework for Telecommunications Policy for the 21st Century (Paperback, New)
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"The twenty-first-century telecommunications landscape is radically
different from the one that prevailed as recently as the last
decade of the twentieth century. Robert Litan and Hal Singer argue
that given the speed of innovation in this sector, the Federal
Communications Commission's outdated policies and rules are
inhibiting investment in the telecom industry, specifically in fast
broadband networks. This pithy handbook presents the kind of
fundamental rethinking needed to bring communications policy in
line with technological advances. Fast broadband has huge societal
benefits, enabling all kinds of applications in telemedicine,
entertainment, retailing, education, and energy that would have
been unthinkable a few years ago. Those benefits would be even
greater if the FCC adopted policies that encouraged more broadband
providers, especially wireless providers, to make their services
available in the roughly half of the country where consumers
currently have no choice in wireline providers offering download
speeds that satisfy the FCC's current standards. The authors'
recommendations include allowing broadband providers to charge for
premium delivery services; embracing a rule-of-reason approach to
all matters involving vertical arrangements; stripping the FCC of
its merger review authority because both the Federal Trade
Commission and the Justice Department have the authority to stop
anticompetitive mergers; eliminating the FCC's ability to condition
spectrum purchases on the identity, business plans, or spectrum
holdings of a bidder; and freeing telephone companies from outdated
regulations that require them to maintain both a legacy copper
network and a modem IP network. These changes and others advanced
in this book would greatly enhance consumer welfare with respect to
telecommunications services and the applications built around them.
"
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