Review of Industrial Organization 12: 837–840, 1997. Book Review Telecommunications Competition: The Last Ten Miles. Ingo Vogelsang and Bridger Mitchell. Cambridge, MA: MIT and AEI Presses, 1997, 364 pages, $35.00. Telecommunications Competition: The Last Ten Miles is an invaluable guide to regulatory policy in general, and competition policy in particular, in today’s markets for local telecommunications services. Although the book focuses on policy in the United States’ telecommunications industry, it also provides a useful review of the corresponding policy in the United Kingdom. My review of this important contribution to the literature proceeds in three parts. First, I summarize the contents of the book. Second, I recount the authors’ central themes and messages. Third, I emphasize some of the book’s many strengths. The Book’s Contents The authors provide an overview of their book in Chapter 1. They explain their focus on the impacts of technological change and regulatory policy on competition in the local telecommunications industry. Chapter 2 describes some important details about local telecommunications markets and technologies, including a list of the key industry participants and the services they provide. The interrelated nature of service provision is stressed, and the key potential “bottlenecks” to effective competition are identiﬁed.
Review of Industrial Organization – Springer Journals
Published: Sep 29, 2004
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