Since 1971 competition has begun to replace regulation as a
governing force in the telecommunications industry. The breakup of
the national telephone monopolies, technological advances, and the
worldwide network in telecommunications have brought a revolution
in the telecommunications equipment and services industries. These
changes have forced legislators and regulators to rethink public
policy toward communications. The papers in this book were first
presented at a conference organized by Robert Crandall and Kenneth
Flamm, pulling together a group of industry professionals and
scholars to address the far-reaching implications of the upheaval
in the communications industry. The contributors analyze the
effects of this increasing competition on standardization,
technical innovation, and international rivalry. Changing the Rules
offers possible policy options and analyzes their potential effects
on the future market structure and the competitive positions of the
U.S. computer and communications industries.
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