PDF Ebook The Need for Speed: A New Framework for Telecommunications Policy for the 21st Century, by Robert E. Litan, Hal J. Singer
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The Need for Speed: A New Framework for Telecommunications Policy for the 21st Century, by Robert E. Litan, Hal J. Singer
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The twenty-first-century telecommunications landscape is radically different from the one that prevailed as recently as the last decade of the twentieth century. Robert Litan and Hal Singer argue that given the speed of innovation in this sector, the Federal Communications Commission's outdated policies and rules are inhibiting investment in the telecom industry, specifically in fast broadband networks. This pithy handbook presents the kind of fundamental rethinking needed to bring communications policy in line with technological advances.
Fast broadband has huge societal benefits, enabling all kinds of applications in telemedicine, entertainment, retailing, education, and energy that would have been unthinkable a few years ago. Those benefits would be even greater if the FCC adopted policies that encouraged more broadband providers, especially wireless providers, to make their services available in the roughly half of the country where consumers currently have no choice in wireline providers offering download speeds that satisfy the FCC's current standards.
The authors' recommendations include allowing broadband providers to charge for premium delivery services; embracing a rule-of-reason approach to all matters involving vertical arrangements; stripping the FCC of its merger review authority because both the Federal Trade Commission and the Justice Department have the authority to stop anticompetitive mergers; eliminating the FCC's ability to condition spectrum purchases on the identity, business plans, or spectrum holdings of a bidder; and freeing telephone companies from outdated regulations that require them to maintain both a legacy copper network and a modem IP network.
These changes and others advanced in this book would greatly enhance consumer welfare with respect to telecommunications services and the applications built around them.
- Sales Rank: #2601753 in Books
- Brand: Brand: Brookings Institution Press
- Published on: 2013-01-30
- Original language: English
- Number of items: 1
- Dimensions: 8.50" h x .20" w x 5.51" l, .27 pounds
- Binding: Paperback
- 90 pages
- Used Book in Good Condition
About the Author
Robert E. Litan is director of research at Bloomberg Government and a former director of Brookings Economic Studies. His many previous books include (as coauthor) Better Capitalism and Good Capitalism, Bad Capitalism (both Yale University Press). Hal J. Singer is managing director and principal at Navigant Economics. He is the coauthor of Broadband in Europe: How Brussels Can Wire the Information Society (Kluwer/Springer Press 2005).
Most helpful customer reviews
1 of 1 people found the following review helpful.
Wonderful utopian view of the free market
By Margaret E. Lancaster
While some of Messrs Singer and Litan's proposals would undoubtedly spur investment; and I agree that certain legacy regulations need to be scrapped or overhauled, their arguments are presented as if in a vacuum where the consumers' interest don't even factor in as an afterthought.
0 of 1 people found the following review helpful.
Must-read book for telecom geeks
By Katia
The Need for Speed is a must-read. The authors really get to the heart of the issues. A book that policy makers should read before addressing issues of spectrum and telecom.
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