Tuesday, December 28, 2004 - The Progress & Freedom Foundation Blog

Mess with Texas

The Texas Public Policy Foundation has released a report by Robert Crandall and Jerry Ellig entitled Texas Telecommunications: Everything's Dynamic but the Pricing. The authors conclude that the maintenance of cross-subsidies in Texas to keep retail rates "affordable" results in an annual consumer welfare loss of at least $200 million dollars and has hampered the development of local competition in the state. The report is as timely as it is compelling, as the state's public utilities act undergoes sunset review.

posted by @ 2:14 PM | Communications , State Policy