The Telecommunications Act of 1996: The ``Costs'' of Managed Competition, Dale E. Lehman and Dennis Weisman, editors.

The Telecommunications Act of 1996: The ``Costs'' of Managed Competition, Dale E. Lehman and... Review of Industrial Organization 22: 89–92, 2003. Book Review The Telecommunications Act of 1996: The “Costs” of Managed Competition,Dale E. Lehman and Dennis Weisman, editors. Boston: Kluwer Academic Publishers, September 2000, x + 128 pages, $95. This short monograph assesses the success of the Telecommunications Act of 1996 in promoting competition in the telecommunications industry. It concludes that the Federal Communications Commission (FCC) has been obstructionist in order to maintain its role in regulating the telecommunications industry. In one sense I am a good choice to review this monograph because I am familiar with the institutional structure of the industry and I continually work on implement- ing provisions of the Telecommunications Act of 1996. In another sense, however, I am a poor choice to review this monograph because it is sharply critical of my employer and I have self-preservation instincts. Nevertheless, I will try to stick to the facts of the analysis by Lehman and Weisman. The monograph is divided into two parts. The first deals with telecommunica- tions industry trends and market structure and the impact of the Telecommunica- tions Act of 1996 on stock prices of incumbent local exchange carriers. The second part deals with network element http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Review of Industrial Organization Springer Journals

The Telecommunications Act of 1996: The ``Costs'' of Managed Competition, Dale E. Lehman and Dennis Weisman, editors.

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Publisher
Kluwer Academic Publishers
Copyright
Copyright © 2003 by Kluwer Academic Publishers
Subject
Economics; Industrial Organization; Microeconomics
ISSN
0889-938X
eISSN
1573-7160
D.O.I.
10.1023/A:1022149132308
Publisher site
See Article on Publisher Site

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