In this book, Robert Crandall and Harold Furchtgott-Roth examine the case of reregulating cable television and find that viewers gained far more than they lost during the brief deregulatory era because cable services expanded so rapidly in the deregulated environment. Moreover, they show that new technologies, such as direct-broadcast satellites, are likely to provide considerable market discipline for cable operators in the next few years, weakening any case for rate regulation. Given regulation's history of impeding innovation, they conclude that economic welfare is more likely to be enhanced by policies aimed at encouraging new entry into video services than by rate regulation.
"In this book, Robert Crandall and Harold Furchtgott-Roth examine the case of reregulating cable television and find that viewers gained far more than they lost during the brief deregulatory era because cable services expanded so rapidly in the deregulated environment. Moreover, they show that new technologies, such as direct-broadcast satellites, are likely to provide considerable market discipline for cable operators in the next few years, weakening any case for rate regulation. Given regulation's history of impeding innovation, they conclude that economic welfare is more likely to be enhanced by policies aimed at encouraging new entry into video services than by rate regulation.
"![Cable TV: Regulation or Competition?](http://img.images-bn.com/static/redesign/srcs/images/grey-box.png?v11.10.4)
Cable TV: Regulation or Competition?
176![Cable TV: Regulation or Competition?](http://img.images-bn.com/static/redesign/srcs/images/grey-box.png?v11.10.4)
Cable TV: Regulation or Competition?
176Paperback
Product Details
ISBN-13: | 9780815716099 |
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Publisher: | Rowman & Littlefield Publishers, Inc. |
Publication date: | 04/01/1996 |
Pages: | 176 |
Product dimensions: | 6.06(w) x 9.00(h) x 0.47(d) |