Foreign Investment in American Telecommunications

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A01=J. Gregory Sidak
Author_J. Gregory Sidak
british telecom-mci
business
capitalism
Category=KCL
Category=KCLT
Category=KFFM
Category=KNT
commerce
constitution
consumers
control
corporate
economics
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
finance
foreign investment
free speech
government
innovation
law
legal
legislation
national security
nonfiction
ownership
policy
politics
prices
regulation
telecommunications
wireless telegraphy
world trade organization
wto

Product details

  • ISBN 9780226756264
  • Weight: 822g
  • Dimensions: 16 x 24mm
  • Publication Date: 01 Oct 1997
  • Publisher: The University of Chicago Press
  • Publication City/Country: US
  • Product Form: Hardback
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Restrictions on foreign investment in US telecommunications firms have harmed the interests of American consumers and investors, argues the author of this study. He seeks to show why these restrictions, originally intended to protect America from the perils of wireless telegraphy by foreign agents, should be repealed. Basing his analysis on legislative history, statutory and constitutional interpretation, and finance and trade theory, Sidak demonstrates that these restrictions no longer serve their national security purpose. Instead they deny American consumers lower prices and more robust innovation, hamper access of American investors to foreign telecommunications markets, and unconstitutionally impinge on freedom of speech. The study encompasses the Telecommunications Act of 1996, recent global mergers such as British Telecom-MCI, and the 1997 World Trade Organization agreement to liberalize trade in telecommunications services.

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