Regulatory reform in transition: the telecommunications industry and MFJ regulation

Article Abstract:

Legislation ending the Modified Final Judgment (MFJ) restrictions, which prevent the Baby Bells from entering various telecommunications markets, will change the industry but could revive pre-divestiture alliances and market barriers. Baby Bells, feeling pressure from local competition, are seeking to be released from MFJ restrictions and create a totally competitive marketplace. AT&T's divestiture resulted in rate reductions and increased services offerings, but market pressures on AT&T, Sprint, and MCI have also lessened, so freeing the Baby Bells might increase long-distance competition.

Deregulation, Regional Bell Operating Companies

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The shape of competition under Title VII of the Energy Policy Act of 1992

Article Abstract:

The 1992 Energy Policy Act's Title VII provision increased electric industry competition by creating a class of Exempt Wholesale Generators (EWGs). This legislation, combined with the Federal Energy Regulatory Commission's authority over wholesale wheeling, the electricity transmissions to wholesale customers, is reshaping the industry into a system of efficient generators and transmission-distribution specialists. Non-utility EWGs, transmission-dependent utilities, and increased wholesale market competition will lead to better prices by changing the industry's vertical structure.

Electric utilities, Practice, Market share, United States. Federal Energy Regulatory Commission

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Technology and competition come to telecommunications: re-examining exemptions to the Federal Trade Commission Act

Article Abstract:

The FCC is not prepared for new technologies and competition in the communications industry and will not likely adequately protect consumers and competitive businesses in the electronic marketplace of the future. A major problem is the FCC's exclusive jurisdiction over the regulation of common carriers even if other businesses involved in transactions are not common carriers as is true in the electronic marketplace. Better consumer protections would be provided by subsuming communications regulation under the more prepared and experienced FTC.

Powers and duties, United States. Federal Trade Commission

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