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Jun 25, 2024
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ITS 505 - Competition and Market Structure in Network Industries
An examination of the development of competition in communication network industries, exploring the impact of competition on managerial decision making, market outcomes, and policy goals. Special emphasis is placed on the study of monopoly and oligopoly market structure and how management behavior is constrained in markets that are characterized by monopoly and oligopoly. Economic theory is used to provide answers to these questions. Addresses emerging antitrust issues in software and Internet markets; the use and appropriateness of market mechanisms to allocate radio-frequency spectrum in the public airwaves; price and non-price mechanisms to address congestion in data networks; and unique problems relating to the introduction of competition into the long distance market, specialized niche markets, and the local exchange market.
Credits: (5)
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