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The Relationship between Technological and Regulatory Change in the Communications Industry

Author

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  • Gregory L. Rosston

    () (Stanford Institute for Economic Policy Research)

Abstract

Major changes in technology and in regulation led to the proliferation of and willingness to pay for new communication services The changes in technology enabled the changes in regulation, both through the ability to increase supply and quality, but because technological change opened the marketplace to new interest groups influencing regulators and regulation. At the same time, the regulatory system changed to allow and even promoting more competition. Part of the change to the regulatory system was in response to technological advances that changed the fundamental economics hat provided the justification for monopoly regulation and concomitant theories of regulatory capture.

Suggested Citation

  • Gregory L. Rosston, 2012. "The Relationship between Technological and Regulatory Change in the Communications Industry," Discussion Papers 11-020, Stanford Institute for Economic Policy Research.
  • Handle: RePEc:sip:dpaper:11-020
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    File URL: http://www-siepr.stanford.edu/repec/sip/11-020.pdf
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    More about this item

    Keywords

    Technological Change; Regulation; Competition; Antitrust; Telecommunications;

    JEL classification:

    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
    • L96 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Telecommunications
    • L98 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Government Policy
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights

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