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archives: Vol. 1, Issue 2 - September 2002
Abstract
The Economics of the Supreme Court's Decision on
Forward Looking Costs
The Review of Network Economics
Volume 1, Issue 2 - September 2002, pp 81-89
Authors
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Gregory L. Rosston
Stanford University
E-mail: [email protected] |
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Roger G. Noll
Stanford University |
Abstract
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In May 2002, the Supreme Court upheld the rules promulgated by the Federal Communications Commission (FCC) to implement provisions in the Telecommunications Act of 1996 (the Act) regarding mandatory resale of the components of local telephone networks. This article explains the background of the forward-looking pricing rules adopted by the FCC, the economic rational for their use, and the implications of the Court's ruling for the future of local telecommunications competition.
Keywords: Telecommunications, TELRIC, pricing, Verizon v FCC.
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