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Friday, May 21, 2004

 
Legislation to Overturn Trinko
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Reps. Sensenbrenner and Conyers have introduced legislation to overturn the outcome of Law Offices of Curtis J. Trinko v. Verizon. In that case, the Supreme Court ruled that an antitrust suit against Verizon could not co-exist with the already comprehensive administrative scheme under the Telecommunications Act of 1996. This bill would change that and thus subject phone companies to potential antitrust liability -- along with the already comprehensive administrative regulatory regime. Certainly the economic rigour of antitrust law would be welcome but not in addition to the current administrative regime. Antitrust instead of administrative regulation, now there's an idea. Bet somebody really smart has already thought of it.

posted by Ray Gifford @ 3:49 PM | General

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