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Mercatus Center

Mercatus Gathers Experts to Debate Mobile Competition

in FCC/Wireless by

WASHINGTON, May 19, 2011 – The Mercatus Center, a market orientated research center located at George Mason University, gathered key industry insiders to discuss how the Federal Communications Commission analyzes market competition in the wireless industry on Wednesday.

“The FCC needs to look beyond just the numbers to determine if competition is actually occurring,” said Thomas Hazlett, professor of law & economics at George Mason University School of Law. “The Commission should take into account the analysis conducted by Wall Street to see how the financial market views the mobile market.”

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Ronald Coase's 'The Federal Communications Commission', 50 Years On

in Broadband Updates/Wireless by

Half a century ago, economist Ronald Coase criticized the political allocation of radio frequencies by the federal government in a seminal article, entitled “The Federal Communications Commission,” in the Journal of Law and Economics. He argued that the government could achieve efficient allocation by allowing property rights in the electromagnetic spectrum. He later won the Nobel Prize in Economics for the ideas first articulated in that paper.

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