The United States, the European Union and the World Trade Organisation
By Mark Naftel & Lawrence J. Spiwak
If one were to believe the politicians and pundits in the trade press, the world is in midst of a "telecoms revolution," resulting from (the) deregulation and new competitive opportunities represented by the 1997 World Trade Organisation Agreement on Basic Telecommunications Services. This may be true. Unfortunately, however, the actions of many regulators and industry participants more accurately reveal not a telecoms "revolution" but instead a growing telecoms trade war that is dangerously close to spiralling out of hand. In this book, Naftel and Spiwak review U.S. and European competition and regulatory initiatives post-WTO and provide both a useful roadmap to today's U.S., EU and WTO telecoms regulation and an examination of various case studies to illustrate their points. In so doing, the authors discover unfortunately the sad reality that, despite the political rhetoric, regulators on both sides of the Atlantic have eschewed innovative and indeed productive solutions to create a market structure conducive to long-term competitive rivalry. Instead, the authors demonstrate that current policies reveal a growing cynicism towards the maximisation of consumer welfare that will be difficult - if not outright impossible- to remove.
"... a truly revolutionary - and indeed unique - book." - Lucien Rapp, Professor of Public Law, University of Toulouse
"An extraordinary provocative book on the revolution now ongoing in local telecommunications. Their work is unique in its unabashed attempt to sift industry substance from industry hype, regardless of the consequences, and present as true a picture as possible of the state of competition in the local telecommunications marketplace today." - Robert G Berger, President and CEO, CityNet Telecommunications
"The biggest business story of all times is the global telecom war of the past decade. This book tells it all with fascinating insights and razor sharp analysis in crisp, clear detail. A ‘must read' for business professionals and government policy-makers alike." - Richard W Oliver, Professor of Management, Vanderbilt University and author of The Shape of Things to Come and The Coming of the Biotech Age
Part I: Analytical and Legal Framework:-
Telecoms Policy for the New Millennium; Why Restructure?; Analytical Framework; Evaluating Competition in a Post-WTO World; The WTO and the Reference Paper: An Ostensible Blueprint for Entry.
Part II: US Efforts to Promote Telecoms Competition:-
From International Competition Carrier Paradigm to Effective Competitive Opportunities: The FCCs International Policies Pre-WTO; US Policies Post-WTO Part I-Benchmarks and Entry Fees; US Policies Post-WTO Part 2-The Naked Politicisation of the American Legal System; "Do As I Say, Not As I Do" - US Efforts at Promoting Local Telecoms Competition.
Part III: European Efforts to Promote Telecoms Competition:-
EU Foundations, Institutions and Policies; Europe's First Steps Towards Telecoms Competition; Does the EU Regulatory Framework Work in the Market?; The EU Approach to the Internet and Data Protection;The EU's 1999 Telecommunications Review.
Part IV: Case Studies in Regulatory Cynicism:-
Case Study: Comparing the US and EU Approach to Universal Service; Case Study: FCC's International Spectrum Policies; Case Study: International Submarine Cable Landing Petitions; Case Study: International Mergers and Global Alliances.
Part V: Conclusion:-
O Shame! Where is Thy Blush?; The FCC's Competitive Carrier Paradigm.