The AOL-Time Warner merger, announced in January 2000, was and still is the largest merger ever consummated. The merger plan was submitted to the FTC for antitrust review and to the FCC for license transfer review. The FTC approved the merger with conditions relating to open access. The FCC...

We are entering the 4th generation of TV, based on the online transmission of video. This article explores the emerging media system, its policy issues, and a way to resolve them. It analyzes the beginning of a new version of the traditional telecom interconnection problem. The TV system will be...

While the current system of auctioning exclusive licences may be the best way to allocate new frequencies for today, spectrum auctions may soon become technologically obsolete, economically inefficient, and legally unconstitutional. An alternative is to step beyond the current paradigm of...

Telecommunications infrastructure goes through technology-induced phases, and the regulatory regime follows. Telecom 1.0, based on copper wires, was monopolistic in market structure and led to a Regulation 1.0 with government ownership or control. Wireless long-distance and then mobile...

Telecommunications are moving from the traditional monopoly, by way of the intermediate stage of a 'network of networks' to the stage of a 'system of systems' in which users are served by systems integrators that access each other. This environment will not be the 'end of history' as far as...