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As described in Ronald Coase's seminal 1959 paper, property-like rights in electromagnetic spectrum and a secondary market for spectrum licenses will allocate spectrum to its highest and best uses, to the benefit of telecommunications consumers. However, defining rights to use spectrum is far...
Persistent link: https://www.econbiz.de/10014052020
The vision laid out by economist Ronald Coase in his 1959 paper on spectrum remains the guiding light for spectrum policy reform. Property-like rights in electromagnetic spectrum and a secondary market for spectrum licenses are well recognized as the best ways to allocate spectrum to its highest...
Persistent link: https://www.econbiz.de/10014167577
Antitrust law and telecommunications regulation have long adopted different stances on whether to mandate open access to information platforms. This article aims to help regulators and commentators incorporate both Chicago School and post-Chicago School arguments in evaluating this basic policy...
Persistent link: https://www.econbiz.de/10014075170