| Description |
xi, 336 pages ; 24 cm |
| Series |
Harvard economic studies ; v. 151 |
|
Harvard economic studies ; v. 151
|
| Contents |
Introduction. An industry in transition ; Preview of the study ; The theory of regulation ; Systems effects -- The theory of dynamic industry structures. The creation of barriers to entry ; New entry via exogenous technological progress; Changes in industry boundaries -- The telegraph in the United States. The invention of the telegraph ; Economic characteristics of the telegraph industry in 1845 ; From monopoly to competition, 1845-1851 ; From competition to monopoly, 1851-1866 ; Western Union dominance, 1866-1877 ; Evaluation of telegraph development -- The telephone in the United States. The telephone challenge, 1876-1879 ; Bell patent monopoly, 1879-1894 ; The decline of monopoly power, 1894-1907 ; Evaluation of telephone development -- The telephone and telegraph in Europe. The telegraph in Great Britain ; The telephone in Great Britain ; The telephone in France ; The telephone in Sweden ; European and American comparison -- The decline of competition, 1907-1935. The management change ; Mergers and antitrust ; The emergence of regulation ; The radio challenge ; Evaluation of market power restoration -- The era of regulated monopoly, 1934-1956. The formation of the Federal Communications Commission ; The microwave challenge ; The antitrust suit ; Evaluation of the regulated monopoly era -- New competition I : the long-distance market. The long-distance market in 1956 ; Private communications systems and response ; The entry of specialized common carriers ; Competition in switched long-distance service ; Evaluation of long-distance competition -- New competition II : terminal equipment. The terminal equipment market in 1956 ; The Hush-a-phone and Carterphone decisions ; Terminal competition with connecting arrangements ; Certification and direct connection ; Evaluation of terminal equipment completition -- New competition III : changing industry boundaries. Technological progress and industry boundaries ; Satellite communications ; Computers and communications ; Mail and communications ; Evaluation of changing industry boundaries -- Public policy considerations. Congressional reaction to competition ; Antitrust litigation ; Implications and conclusions |
| Analysis |
United States Telecommunication services to 1980 |
| Notes |
"Presented by the [General Motors Corporation] Research Laboratories." |
| Bibliography |
Includes bibliographical references and index |
| Notes |
Harvard economic studies no:151 0073-0505 |
| Subject |
Telecommunication policy -- United States.
|
|
Telecommunication -- Europe.
|
|
Telecommunication -- Law and legislation -- United States.
|
|
Telecommunication -- United States.
|
| Author |
Browne, Alan L., 1944- editor
|
|
Hays, Donald F., 1929- editor
|
|
General Motors Corporation. Research Laboratories.
|
| LC no. |
80025299 |
| ISBN |
0674872851 |
|
