In most countries, wireless communications rely on administrative allocation of radio spectrum. The inefficiencies associated with this centralized approach have led economists, starting with Coase in 1959, to suggest "propertyzing" radio spectrum. Critics of this approach assert that property...

Horizontal merger evaluation is heavily reliant on market definition. An SSNIP framework formats the analysis, and demand elasticity evidence used to apply the test is often sparse, as is often found in high-technology industries. This paper examines other sources of evidence that reveal the...

The effects of antitrust policy are illuminated in an extensive series of enforcement actions against Microsoft. As antitrust intervention promises to benefit a broad spectrum of publicly traded firms, stock market reactions to enforcement quot;eventsquot; constitute forecasts of the net...

Before the enactment of the 1996 General Telecommunications Law in Guatemala the radio waves were owned and licensed by the state following the model of the US Federal Communications Commission. The radio spectrum license was a revocable authorization for the licensee to use a given frequency...

The recent zero-priced award of $11-70 billion in digital TV (DTV) licenses by the federal government occurred when auctions had been initiated for non-broadcast licenses and when the seven decade-old regime of 'public trusteeship' in broadcasting had become famous for licensee reneging on...

<Para ID="Par1">The Federal Radio Commission regulated radio broadcasting, 1927–1934. With the passage of the Communications Act of 1934, the 1927 Radio Act (enabling the Commission) was re-enacted in whole. This congressional endorsement yields key evidence as to what policy outcomes were intended,...</para>