A proposal to develop an economic model to predict monopoly in the telecommunications field.
Written in 2007; 19,900 words; 130 sources; APA; $ 249.95
Paper Summary:
The Telecommunications Act of 1996 sought to end the monopoly that once existed in the telecommunications industry. Since its adoption, the telecommunications industry has been undergoing a period of rapid change and development. The entry of new players into the market encouraged them to seek new ways to attract and keep customers. The paper shows that these changes have led to a rapid influx of new technology and services. Many times what defines a monopoly is not clear in every circumstance and there are many pending lawsuits for violations of antitrust laws in the courts today. The paper explains that economic models are useful in resolving issues of whether a monopoly truly exists, or whether claims are unsubstantiated. Previous models were applicable only in certain situations. These models are unreliable in predicting monopolies outside the parameters for which they were designed. This research develops and tests an economic model that accurately predicts the existence of a monopoly in the telecommunications sector. The paper includes tables and figures.
Table of Contents:
Chapter 1: Introduction
Rationale for Study
Scope of Problem
Statement of Hypothesis and Research Questions
Chapter 2: Literature Review
The Telecommunications Industry
Economic Models of a Monopoly
Michael Porter and Monopolies and Clusters
Knowledge Engineering in Relation to Monopolies and Business
Intelligence Applied to Monopolies
Chapter 3: Methodology
Database of Study and Data-Gathering Method
Sample Population
Chapter 4: Data Analysis
Chapter 5: Findings and Conclusions
From the Paper:
"Even a casual review of its circumstances today makes it quickly apparent that the telecommunications industry is a complex entity and there are multiple sub-industries within the primary industry. The telecommunications industry has gone from a relatively pure monopoly to an attempted competition, and now it is questionable as to whether it is gravitating towards a monopoly again. In addition, there are now more products and services available. The market is no longer comprised of one market. There is a long-distance market, a local service market, and a cell phone and wireless market. All of these markets have different characteristics and the previously existing models fail to useful in all areas of the telecommunications industry."
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