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Oct 02, 2024
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ITS 4050 - Competition and Market Structure in Telecommunications Industries An in-depth analysis of policy and market issues of fundamental concern to the voice/data communication competitive environment. Examples of such issues could include monopoly and competitive market benefits to the consumers, measuring market concentration, merger analysis, antitrust, and other government remedies for market power.
Requisites: ITS 4020 Credit Hours: 3 Repeat/Retake Information: May be retaken two times excluding withdrawals, but only last course taken counts. Lecture/Lab Hours: 3.0 lecture Grades: Eligible Grades: A-F,WP,WF,WN,FN,AU,I Learning Outcomes: - Students will be able to analyze telecom industry structures.
- Students will be able to explain the benefits of competitive markets and why federal policymakers promote competition.
- Students will be able to analyze the circumstances where monopoly regulation is needed, and where anti-trust action may be needed.
- Students will be able to explain the possible impacts a market structure can have on firm behavior and on consumers.
- Students will be able to analyze why firms merge and when mergers are beneficial and when they are harmful.
- Students will be able to evaluate why, when and where competitive policy initiatives can have a positive impact and where they might be disastrous.
- Students will be able to evaluate the range of legal and economic power of the government to change market structures.
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