Telecommunication Monopoly

Paper Summary:

This paper examines how the Telecommunications Act of 1996 sought to end the monopoly that once existed in the telecommunications industry and how since its adoption, the telecommunications industry has been undergoing a period of rapid change and development. It demonstrates how the entry of new players into the market have encouraged them to seek new ways to attract and keep customers and how these changes have led to a rapid influx of new technology and services. It attempts to develop and test an economic model that accurately predicts the existence of a monopoly in the telecommunications sector.

Outline
Introduction
Rationale for Study
Scope of Problem
Statement of Hypothesis and Research Questions
Literature Review
Methodology
Sample Population
Data Analysis
Findings
Conclusion
References
Appendix I
Appendix II

From the Paper:

"Monopolies tend to drive up prices and have many negative effects on the establishment of a fair marketplace. One of the key issues surrounding the court cases regarding monopolies is that there are many different types of monopolies that exist for many different reasons. Some monopolies exist because of scale. In this case, the monopoly simply out-produces anyone else in the industry. They are price makers and everyone else must follow their lead. Because of their size, they can often produce goods cheaper than their competition and there fore can offer them at lower prices. Eventually, the smaller companies may be forces out of business and a true monopoly then exists."

More papers on Telecommunication Monopoly:

• Research Paper # 93038 : "Economic Model for Monopoly Analysis in Telecommunication"
• Research Proposal # 74877 : "Economic Model for Monopoly Analysis in Telecommunication"
• Term Paper # 94450 : "Monopoly Market"

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