The FCC has taken three different competition policy approaches: the classic role of regulating terms and conditions of sale, the modern role of using various tools to create largely deregulated, multi-firm, competitive markets, and the laissez-faire approach of believing that unregulated markets, even if monopolized, will produce the best outcome. For the most part, a light-handed modern role has proven successful. The FCC should adopt such an approach going forward with a classic regulatory role as a backstop, and it should articulate clearly its competition policy framework so that firms can understand the rules and compete to provide service to customers in a procompetitive manner.
Research Papers
Gone in 60 Seconds: The Impact of the Megaupload Shutdown on Movie Sales
The growth of Internet-based piracy has led to a wide-ranging debate over…
An Empirical Analysis of the Impact of Pre-Release Movie Piracy on Box-Office Revenue
Digital distribution channels raise many new challenges for managers in the media…
Interview with Sirius XM on Immigration Reform
Interview with Sirius XM on Immigration Reform
The Real Benefits of Gigabit Networks Have Nothing to do with Speed
Our Internet speed fetish comes with costs and benefits. The costs are…
Piracy and Copyright Enforcement Mechanisms
Much debate exists around the impact that illegal file sharing may have…
The Spectrum Crunch, MSS Spectrum and LightSquared
The MSS spectrum is a valuable resource that is currently being wasted.…
Two Cheers for the FCC’s Mobility Fund Reverse Auction
The United States held its first competitive bidding, or “reverse auction,” for…
Is There Really a Spectrum Crisis?
The policy world is awash with worries about spectrum shortages as demand…
The Effect of Graduated Response Anti-Piracy Laws on Music Sales: Evidence from an Event Study in France
Despite the problem that filesharing poses to creative industries, there is little…