This essential volume tracks the sweeping telecommunications liberalization and regulatory reform that transformed markets across North America and Europe in the 1990s, as economists Robert W. Crandall and Martin Cave analyze how the electronics revolution forced the United States, Canada, and the European Union to dismantle monopolies, open markets to competition, and reshape rate structures. An indispensable account of telecommunications policy reform, market liberalization, and international trade for anyone seeking to understand the forces still shaping today's global telecom landscape. In response to the whirlwind electronics revolution of the 1990's, the European Union, Canada, and the United States launched new liberalization policies aimed at opening all telecommunications markets to competition. This report presents two views of the progress towards competition one for North America and one for Europe.
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