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The author presents a formulation of a market system for the allocation of orbital space to geosynchronous communications satellites. Although based on a simplified model of satellite communications systems, the market system retains sufficient flexibility to be applicable to the allocation...
Persistent link: https://www.econbiz.de/10009199682
Economics dominates media policy analysis. Traditional issues such as diversity or First Amendment rights may not fit. Communication theory offers potential incorporations of society, psychology and meaning that may identify descriptive and normative gaps in the economic framework, as well as...
Persistent link: https://www.econbiz.de/10009192446
Since initially presented in the 1982 Department of Justice Horizontal Merger Guidelines, market definition has been adopted nearly worldwide as a framework to see if a merger would substantially lessen competition. This framework is useful for addressing the similarly counterfactual question of...
Persistent link: https://www.econbiz.de/10009192844
The 'line of business' restrictions imposed upon the local Bell operating companies after their divestiture from AT&T were justified as necessary to prevent the undue exercise of market power in local exchange service through cross-subsidization or discriminatory tactics. However, these...
Persistent link: https://www.econbiz.de/10009200064
Policies mandating unbundling of copper telecommunications networks have now been in place for more than 15 years, and it is thus becoming possible to study their long-run effects. This paper reviews the existing evidence on the effects of copper unbundling, and presents new empirical results...
Persistent link: https://www.econbiz.de/10010943091