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An Analysis of the State of Competition in Long-Distance Telephone Markets

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  • Taylor, William E
  • Zona, J Douglas

Abstract

In this paper, we examine seven indicia of the effect of regulated competition in long-distance telecommunications. The evidence we have examined suggests that regulation or the threat of antitrust intervention are the major factors which constrain AT&T's prices to small customers. We conclude that small customers have yet to enjoy the full benefits of competition in long distance. Copyright 1997 by Kluwer Academic Publishers

Suggested Citation

  • Taylor, William E & Zona, J Douglas, 1997. "An Analysis of the State of Competition in Long-Distance Telephone Markets," Journal of Regulatory Economics, Springer, vol. 11(3), pages 227-255, May.
  • Handle: RePEc:kap:regeco:v:11:y:1997:i:3:p:227-55
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    Citations

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    Cited by:

    1. Galbi, Douglas A., 2001. "Regulating prices for shifting between service providers," Information Economics and Policy, Elsevier, vol. 13(4), pages 393-410, December.
    2. Ismail Saglam, 2023. "Incentives of a monopolist for innovation under regulatory threat," Economics of Governance, Springer, vol. 24(1), pages 41-66, March.
    3. Krouse, Clement G & Park, Jongsur, 2003. "Competition in the Interexchange Telecommunication Market," Journal of Law and Economics, University of Chicago Press, vol. 46(1), pages 85-101, April.
    4. Caroline Elliott & Melinda Acutt, 2007. "Antitrust Policy: The Impact of Revenue Penalties on Price," Journal of Industry, Competition and Trade, Springer, vol. 7(1), pages 1-8, March.
    5. C F Elliott & M Z Acutt, 2001. "Threat-based regulation and endogenously determined punishments," Working Papers 539877, Lancaster University Management School, Economics Department.
    6. Acutt, Melinda & Elliott, Caroline & Robinson, Terry, 2001. "Credible regulatory threats," Energy Policy, Elsevier, vol. 29(11), pages 911-916, September.
    7. Kahn, Alfred E. & Tardiff, Timothy J. & Weisman, Dennis L., 1999. "The Telecommunications Act at three years: an economic evaluation of its implementation by the Federal Communications Commission," Information Economics and Policy, Elsevier, vol. 11(4), pages 319-365, December.
    8. White, Lawrence J., 2000. "US telephone deregulation: lessons to be learned, mistakes to be avoided," Japan and the World Economy, Elsevier, vol. 12(2), pages 173-183, May.
    9. Galbi, Douglas A., 2001. "Regulating prices for shifting between service providers," Information Economics and Policy, Elsevier, vol. 13(2), pages 181-198, June.
    10. Melinda Acutt & Caroline Elliott, 2001. "Threat-Based Competition Policy," European Journal of Law and Economics, Springer, vol. 11(3), pages 309-317, May.
    11. Simran Kahai & David Kaserman, 2007. "Effective regulation versus tacit collusion in the long-distance market: an empirical analysis," Journal of Regulatory Economics, Springer, vol. 32(3), pages 247-257, December.
    12. Kamerschen, David R. & Klein, Peter G. & Porter, David V., 2005. "Market structure in the US electricity industry: A long-term perspective," Energy Economics, Elsevier, vol. 27(5), pages 731-751, September.

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