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End of the line for the local loop monopoly? technology, competition, and investment in telecom networks (Inglés)

Local telephone service is the last bastion of a still frequently asserted public policy preference for monopoly provision of telecommunications. This Note challenges the rationale for that preference, addressing four issues: First, is local network competition feasible from a technical and cost point of view? Second, is telecommunications competition accepted by major investors? Third, how important is competition from a public policy point of view?...
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