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An incisive and thoroughly updated guide to U.S. telecommunications regulation--what it can teach us about competition policy for Big Tech. In In this third edition, the authors have updated the book to include a wide range of industry developments that have reshaped telecommunications policy since the second edition’s publication in 2013. These include the rise and fall of common carrier regulation for broadband ISPs; further consolidation within the wireless industry; redoubled efforts to free up more spectrum for commercial uses; the increasing competitive significance of low-Earth-orbiting satellite broadband; and seismic shifts in broadband subsidy initiatives. The book also includes a new final chapter that explores what the history of telecommunications regulation can teach us about competition policy for today’s largest digital platforms. As the authors explain, many proposals for regulating tech markets bear a strong resemblance to the regulatory measures that U.S. policymakers have taken, with varying degrees of success, to promote greater competition within the telecommunications industry over the past 50 years. The authors conclude that the lessons learned from those regulatory experiments should inform today’s competition policy for Big Tech.
About the author
Jonathan E. Nuechterlein is Distinguished Scholar at George Washington University’s Competition Law Center and Adjunct Professor at Georgetown Law School. He formerly served as General Counsel of the Federal Trade Commission (2013–2016), Deputy General Counsel of the FCC (2000–2001), and Assistant to the Solicitor General (1996–2000).
Howard Shelanski is Professor of Law at Georgetown University, where he holds the Joseph and Madeline Sheehy Chair in Antitrust Law and Trade Regulation, and a partner at Davis, Polk & Wardwell, LLP. He was formerly Administrator of the White House Office of Information and Regulatory Affairs (2013–17); Director (2012–13) and Deputy Director (2009–11) of the Bureau of Economics at the Federal Trade Commission; Chief Economist of the Federal Communications Commission (1999–2000); and a Senior Economist for the President’s Council of Economic Advisers (1998–1999).