Friday, March 4, 2005 - The Progress & Freedom Foundation Blog

Crandall on Mergers

Mike Beilis has induced Brookings economist Bob Crandall to give some thoughts on the MCI and AT&T mergers. Worth a read (link in AT&T box -- Mike uses frames and I can't figure out how to direct link Crandall identifies a salutary effect of the mergers:

The most important benefits from these two mergers is a likely end to the intense intramural regulatory squabbles that have gripped the U.S. telecom sector since the 1996 Act replaced the AT&T decree.

posted by Ray Gifford @ 7:02 PM | Antitrust & Competition Policy