This paper examines the justifications, history, and practice ofregulation in the US telecommunications sector. We examine the impact oftechnological and regulatory change on market structure and businessstrategy. Among others, we discuss the emergence and decline of thetelecom bubble, the...

The vast majority of U.S. residential consumers face a monopoly orduopoly in broadband Internet access. Until now, the Internet has beencharacterized by a regime of 'net neutrality,' which means there hasbeen no discrimination between the price of transmitting packets basedon the identity of...

We examine the intersection of patents and antitrust where a patentholder uses the monopoly power it possesses in the market for a patentedproduct to exclude competitors in an adjacent market and attempt tomonopolize or monopolize the adjacent market. The present scheme forawarding patents...

In this paper, I consider the impact of a departure from this currentsystem. I examine the possible impact of last-mile broadband providers'imposing "termination fees" on third-party content providersor application providers to reach end-users. Broadband providers wouldengage in paid...