Competition and Chaos: U.S. Telecommunications Since the 1996 Telecom Act

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  Competition and Chaos: U.S. Telecommunications Since the 1996 Telecom Act
  2005 | 212 pages | ISBN:0815716176 | PDF | 6 Mb

  
  When Congress passed the 1996 Telecommunications Act, legislators anticipated that the reduced regulatory barriers would lead to increased competition among U.S. telecommunications providers, and, in turn, the new competition would drive innovation and reap economic benefits for both American consumers and telecommunications providers. But the legislation had a markedly different impact. While many of the more aggressive providers enjoyed sharp short-term rises in stock market values, they soon faced sudden collapse, leaving consumers with little or no long-term benefit.
  
  

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