Telecommunications Mergers

COMPETITION POLICY AND MERGER ANALYSIS IN DEREGULATED AND NEWLY COMPETITIVE INDUSTRIES, Ch. 4, Edward Elgar Pub, 2008

32 Pages Posted: 12 Jun 2008  

James Ming Chen

Michigan State University - College of Law

Date Written: 2008

Abstract

Telecommunications mergers are at once a historical mirror and a harbinger of the legal future. Since the passage of the Telecommunications Act of 1996, no significant telecommunications merger has failed to receive regulatory approval in the United States.

The Telecommunications Act of 1996 has accelerated the trend toward consolidation and concentration. Having devoted most of its energy on issues doomed to become technologically and economically obsolete, the Act failed to anticipate the technological conditions (especially the emergence of the Internet) that drove telecommunications carriers to consolidate. Nevertheless, possible avenues for reform remain open should the federal government ever conclude that the anticompetitive potential of telecommunications mergers outweighs their salutary effects.

Keywords: telecommunications, mergers, FCC, Telecommunications Act, Bell operating company, cable industry, Clayton Act, actual potential competition, benchmarking, 251, 271, 652

JEL Classification: D43, K21, K23, L13, L43, L96, O33

Suggested Citation

Chen, James Ming, Telecommunications Mergers (2008). COMPETITION POLICY AND MERGER ANALYSIS IN DEREGULATED AND NEWLY COMPETITIVE INDUSTRIES, Ch. 4, Edward Elgar Pub, 2008 . Available at SSRN: https://ssrn.com/abstract=1143577

James Ming Chen (Contact Author)

Michigan State University - College of Law ( email )

318 Law College Building
East Lansing, MI 48824-1300
United States

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