[11888] in Commercialization & Privatization of the Internet

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Re: Telecomm regulation

daemon@ATHENA.MIT.EDU (Miles R Fidelman)
Fri Apr 22 21:03:32 1994

Date: Fri, 22 Apr 1994 10:30:06 -0400 (EDT)
From: Miles R Fidelman <fidelman@civicnet.org>
To: com-priv@psi.com
In-Reply-To: <199404220249.WAA05666@titan.sprintlink.net>

On Thu, 21 Apr 1994, Vadim Antonov wrote:

> >Regulation, by its very nature, can't
> >restore competition.
> 
> Sorry, this an extremely naive statement.
> A lassies-faire (sp?) "free" market simply
> does not work -- because of economies of scale
> and formation of trusts.
> 
> The whole purpose of regulation is to prevent
> forming of monopolies (or prevent "natural"

<lots of stuff deleted>

Or as I heard somebody put it "monopoly is the enemy of competition" - 
regulation, while a somewhat blunt instrument, is sometimes needed to 
level the playing field

My concern about regulation is that if only the big, monopolistic players 
spend time and money attending regulatory hearings, while the little 
entrepreneurial players run around shouting "no regulation," guess who's 
views will predominate in regulation.

> 
> Exactly; but *not* regulating it will mean
> back to Bell 103 days.
> 

Or worse - back to the days of a dozen competing phone companies in a 
city, none of whom would connect their networks together (do I hear 
parallel TCP/IP, X.25, ISDN, and Cable networks with no interconnection?)

Miles


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