1997 Reports

Competition policy in communications industries: New antitrust approaches

Pitofsky, Robert

"Recent developments in the communications industries show a steady movement from
direct regulation to increased reliance on free market incentives. As a believer in the efficiency of
market incentives, I regard elimination or substantial reduction of regulation, assuming
competition is a feasible alternative, as a good result. Of course, deregulation should be
accompanied by a greater role for fundamental antitrust analysis and enforcement, lest the old
shackles be replaced by new ones of private manufacture."