U.S. Public Policy Toward Network Industries
New York University, Center for Law and Business, Working Paper No. 98-019
54 Pages Posted: 14 Jul 1999
Date Written: May 1997
Industries that have important network features have long been a concern of public policy in the United States. This paper provides a framework for analyzing network industries and reviews the regulatory and antitrust history of the policies that have been applied. The paper highlights the successes of the deregulation limitations to the extent to which deregulation can proceed. The paper notes that antitrust will and should become more important for adjudicating disputes as formal regulation recedes but that an important concept for the antitrust treatment of network industries ? the "essential facilities doctrine" -- is badly in need of clarification.
JEL Classification: L50, L51
Suggested Citation: Suggested Citation