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Business as usual in the music industry is over. Online music is a force to be reckoned with now and increasingly in the future. This paper first describes the current revenue streams and cost causers that characterize the traditional business model in the music industry. Then, the impact of the...
Commercial non‐solicited communications are a growing problem bringing calls for tighter anti‐Spam legislation. This paper compares the advantages and disadvantages of opt‐in and opt‐out schemes. An opt‐in scheme would provide the best protection for citizens’ privacy and property....
As electronic commerce expands, credible property rights in key sectors are necessary. This article identifies three layers of an electronic commerce network – infrastructure, commercial services, and trust – and then outlines five conditions of property rights that are being fulfilled in...
In the US (and elsewhere), law enforcement agencies take the position that new telecommunications technologies are eroding their abilities to intercept and monitor electronic communications. They argue that they are “losing control”. Without new telecommunications surveillance powers, the...
The US government is considering removing regulations on ILECs (incumbent local exchange carriers) with respect to local access services, through the implementation of legislation. These regulations imposed through the US 1996 Telecommunication Act, include local network unbundling and TELRIC...
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