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US telecommunications regulation: Will technology decide?

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  • Irwin, Manley R.
  • Ela, John D.

Abstract

Twenty years ago, the telecommunications industry was an established regulated monopoly. But improvements in technology and reductions in costs have ripped apart the premises of natural monopoly and the economic rationale for public utility regulation. The authors review past US telecommunications policy and question the assumptions of the current search for a policy for the future. They believe that, for the industry to develop, institutions and restraints need to be removed.

Suggested Citation

  • Irwin, Manley R. & Ela, John D., 1981. "US telecommunications regulation: Will technology decide?," Telecommunications Policy, Elsevier, vol. 5(1), pages 24-32, March.
    • Handle: RePEc:eee:telpol:v:5:y:1981:i:1:p:24-32
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