Mergers and Competition in the Telecommunications Industry

Mergers and Competition in the Telecommunications Industry PDF

Author: Orrin G. Hatch

Publisher: DIANE Publishing

Published: 2000-05

Total Pages: 135

ISBN-13: 0788188593

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Examines recent developments in the telecommunications industry. Witnesses: James Young, v.p. & general counsel, Bell Atlantic Corp.; James Ellis, Sr. exec. v.p. & gen. counsel, SBC Commun., Inc.; Bernard Ebbers, pres. & ceo, LDDS WorldCom; Michael Salsbury, exec. v.p. & gen. counsel, MCI Commun. Corp.; William Barr, sr. v.p. & gen. counsel, GTE Corp.; Robert Atkinson, sr. v.p., legal regulatory & exernal affairs, Teleport Communications Group, Inc.; Peter Huber, sr. fellow, Manhattan Inst. for Policy Research; Robert Crandall, Sr. fellow, Brookings Institution; Ronald Binz, pres., Competition Policy Inst.; & Dale Hatfield, ceo, Hatfield Assoc., Inc.

Mergers and Competition in the Telecommunications Industry

Mergers and Competition in the Telecommunications Industry PDF

Author: United States. Congress. Sena Judiciary

Publisher: Hardpress Publishing

Published: 2013-12

Total Pages: 142

ISBN-13: 9781314714951

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Unlike some other reproductions of classic texts (1) We have not used OCR(Optical Character Recognition), as this leads to bad quality books with introduced typos. (2) In books where there are images such as portraits, maps, sketches etc We have endeavoured to keep the quality of these images, so they represent accurately the original artefact. Although occasionally there may be certain imperfections with these old texts, we feel they deserve to be made available for future generations to enjoy.

Deregulation, Competition and Merger Activity in the U.S. Telecommunications Industry

Deregulation, Competition and Merger Activity in the U.S. Telecommunications Industry PDF

Author: Kevin Okoeguale

Publisher:

Published: 2015

Total Pages: 53

ISBN-13:

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Using the 1996 Telecommunications Act as a natural experiment, I examine the role of competition in “how” economic shocks drive industry-level clustering of merger activity and “who buys whom?” In the telecom industry, deregulation opened both the local and long-distance markets to competition from new communication technologies, driving significant increases in IPO and merger activity. My findings support the view that the increase in merger activity following the 1996 deregulation was an efficiency-improving restructuring response to increased competition from deregulation and technological change, and not to increased misvaluation. The economic shocks from deregulation and technological change drive merger activity by increasing industry competition. I find no significant relationship between the level of merger activity and stock market misvaluation. I find evidence systematically relating telecom firms' performance and merger characteristics; pre-1996 deregulation levels of efficiency and leverage show up as important determinants of an incumbents' survival and/or merger fate; the more efficient and less leveraged incumbents are more likely to be the acquirers than the targets in mergers involving two incumbents.

Mergers and Competition in the Telecommunications Industry

Mergers and Competition in the Telecommunications Industry PDF

Author: United States Congress Sena Judiciary

Publisher: Forgotten Books

Published: 2018-02-08

Total Pages: 142

ISBN-13: 9780656124046

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Excerpt from Mergers and Competition in the Telecommunications Industry: Hearing Before the Committee on the Judiciary, United States Senate, One Hundred Fourth Congress, Second Session September 11, 1996 From its very earliest days, telecommunications technology has literally revolutionized the way we lead our lives and conduct our business. Imagine how different our lives would be were we unable to telephone our families or fax documents to' business associates. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Communications and Competition Law

Communications and Competition Law PDF

Author: Fabrizio Cugia di Sant'Orsola

Publisher:

Published: 2014-12

Total Pages: 0

ISBN-13: 9789041151469

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Introducing Diversity in EU Merger Control /Yvan Desmedt & Philippe Laconte --Summary of Recent U.S. Enforcement Decisions in Communication/Entertainment Industry Transactions /Ilene Knable Gotts --Competition and Regulatory Aspects of Convergence, Takeovers and Mergers in the Communications and Media Industries /Thomas Janssens & Joep Wolfhagen --Brazil's Antitrust and Regulatory Reviews of TIM/Telefónica: Lessons Learned /Ana Paula Martinez & Alexandre Ditzel Faraco --Changes in the Global Telecommunication Market and Its Implications in Brazil /Gesner Oliveira & Wagner Heibel --Mergers in the Canadian Communications Sector: An Increasingly Curious Situation /Lorne Salzman --In Search of a Competition Doctrine for Information Technology Markets: Recent Antitrust Developments in the Online Sector /Jeffrey A. Eisenach & Ilene Knable Gotts --The Internet of Things in the Light of Digitalization and Increased Media Convergence /Anna Blume Huttenlauch & Thoralf Knuth --Dynamic Markets and Competition Policy /Bernardo Macedo & Sílvia Fagá de Almeida --Recent Antitrust Developments in the Online Sector/ Federico Marini-Balestra --Mobile Payments and Mobile Banking in Brazil: Perspectives from an Emerging Market /Márcio Issao Nakane, Camila Yumy Saito & Mariana Oliveira e Silva --Internet of Things: Manufacturing Companies Industry and Use of 'White Spectrum': Ghost in the Machine? /Kurt Tiam & Andy Huang --Competitive Aspects of Cloud-Based Services /Fabrizio Cugia di Sant'Orsola & Silvia Giampaolo --Standard-Essential Patents and US Antitrust Law: Light at the End of the Tunnel? /Leon B. Greenfield, Hartmut Schneider & Perry A. Lange --IP and Antitrust: Recent Developments in EU Law /Miguel Rato & Mark English --Antitrust Cases Involving Intellectual Property Rights in the Communication and Media Sector in Brazil /Barbara Rosenberg, Luis Bernardo Cascão & Vivian Terng --Patents Meet Antitrust Law: The State of Play of the FRAND Defense in Germany /Wolrad Prinz zu Waldeck und Pyrmont --The Role of Privacy in a Changing World /Chris Boam --The Transatlantic Perspective: Data Protection and Competition Law /Pamela Jones Harbour --Power over Data: Brazil in Times of Digital Uncertainty /Floriano de Azevedo Marques Neto, Milene Louise Renée Coscione & Juliana Deguirmendjian --Big Data and the Cloud: Privacy and Security Threats of Mass Digital Surveillance? /Lyda Mastrantonio & Natalia Porto --Net Neutrality Regulation: A Worldwide Overview and the Chilean Pioneer's Experience /Alfonso Silva & Sebastian Squella --Net Neutrality in Singapore: A Fair Game /Chung Nian Lam --Internet Regulation in Brazil: The Network Neutrality Issue /Lauro Celidonio Gomes dos Reis Neto, Fabio Ferreira Kujawski & Thays Castaldi Gentil --The New Brazilian Internet Constitution and the Netmundial Forum /João Moura --The Brazilian Telecom Regulatory Scenario and the Proposals of the Internet Law /Regina Ribeiro do Valle --Competition in the Brazilian Telecommunication Market /rMaximiliano Martinhão, Guido Lorencini Schuina, Haitam Laboissiere Naser & Leonardo Fernandez Zago --A New Horizon for Competition Advocacy in Brazil /Adriano Augusto do Couto Costa, Marcelo de Matos Ramos & Roberto Domingos Taufick --Overlaps and Synergies between Regulators in the Brazilian Telecommunications Market /Marcelo Bechara de Souza Hobaika & Carlos M. Baigorri --The New Competition Law in Brazil and the New Framework for Merger Analysis in Telecom /Carlos Emmanuel Joppert Ragazzo & Cristiane Landerdahl de Albuquerque --Chapter 31: Regulatory Policy Round Table: A Dialogue between Telecommunications and Antitrust Authorities /Denis Alves Guimarães.

Telecommunications Mergers under the EC Competition Law and US Antitrust Law

Telecommunications Mergers under the EC Competition Law and US Antitrust Law PDF

Author: Alexandr Svetlicinii

Publisher:

Published: 2013

Total Pages: 18

ISBN-13:

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While the telecommunications industry is subject to both general competition and industry-specific regulations and control, the correlation between the two might sometimes appear problematic. The area of merger control is a lucrative field for examination of these often overlapping regulatory regimes. This paper is an attempt to review and summarise the existing practice of the assessment of transnational mergers by antitrust authorities in the EU and US. Focused on the analysis of the several key telecom mergers jointly investigated by the European and American antitrust authorities, the paper compares regulatory approaches on both sides of the Atlantic and evaluates the impact of the specific features of the telecom industry on merger assessment. Cooperation between the enforcement authorities of the EU and US is discussed in order to evaluate the existing procedural cooperation arrangements as well as the convergence of the substantive laws of the EU and US.