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."

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Center on Japanese Economy and Business
Center on Japanese Economy and Business, Graduate School of Business, Columbia University
Center on Japanese Economy and Business Occasional Papers, 30
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February 16, 2011