Telecommunications Deregulation
从弗雷德·卡恩的著作和监管经验出发，总结出电信业放松管制的关键原则：价格必须基于实际增量成本，竞争过程决定成本与价格，排除在位者反竞争，以及监管过渡易导致微观管理。
From Fred Kahn's writings and experiences as a telecommunications regulator and commenter, we draw the following conclusions: prices must be informed by costs; costs are actual incremental costs; costs and prices are an outcome of a Schumpeterian competitive process, not the starting point; excluding incumbents from markets is fundamentally anticompetitive; and a regulatory transition to deregulation entails propensities to micromanage the process to generate preferred outcomes, visible competitors and expedient price reductions. And most important, where effective competition takes place among platforms characterized by sunk investment—land-line telephony, cable and wireless —traditional regulation is unnecessary and likely to be anticompetitive.