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Broadband is a key enabler of the information society, increasing
productivity and competitiveness across all sectors of the economy.
Unlike traditional n- rowband connections, broadband provides high
speed, always-on connections to the Internet and supports
innovative content and services. Direct consumer welfare gains from
mass-market adoption of broadband across the EU could easily reach
50 billion euros or more per annum. This is quite apart from the
more profound societal shifts that ubiquitous broadband could
bring. It may allow the individual to distribute content and ideas
independent of traditional media and bring together communities of
interest without regard to borders. Public policy for broadband
will have a big impact on whether and how quickly these bene?ts are
realised. Getting policy right could bring large bene?ts for
consumers, ?rms and the economy at large; getting policy wrong
risks s- ?ing both the rollout of broadband and new innovative
services, and thus the realisation of the EU's e-Europe vision. In
this book, we focus on the residential market for broadband access
in EU countries, analysing the current and prospective level of
competition and dr- ing implications for public policy. A key aim
is to understand better the relative importance of facilities-based
and access-based provision in fostering com- tition and promoting
take-up of broadband services.
Broadband is a key enabler of the information society, increasing
productivity and competitiveness across all sectors of the economy.
Unlike traditional n- rowband connections, broadband provides high
speed, always-on connections to the Internet and supports
innovative content and services. Direct consumer welfare gains from
mass-market adoption of broadband across the EU could easily reach
50 billion euros or more per annum. This is quite apart from the
more profound societal shifts that ubiquitous broadband could
bring. It may allow the individual to distribute content and ideas
independent of traditional media and bring together communities of
interest without regard to borders. Public policy for broadband
will have a big impact on whether and how quickly these bene?ts are
realised. Getting policy right could bring large bene?ts for
consumers, ?rms and the economy at large; getting policy wrong
risks s- ?ing both the rollout of broadband and new innovative
services, and thus the realisation of the EU's e-Europe vision. In
this book, we focus on the residential market for broadband access
in EU countries, analysing the current and prospective level of
competition and dr- ing implications for public policy. A key aim
is to understand better the relative importance of facilities-based
and access-based provision in fostering com- tition and promoting
take-up of broadband services.
"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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