Name: The Proposed Merger of AT&T and T-Mobile: Are There Unexhausted Scale Economies in U.S. Mobile Telephony? (en Inglés)
Price: 31.45 USD
Availability: InStock
Author: Li, Yan ; Pittman, Russell ; U. S. Department of Justice Antitrust Di
ISBN: 9781289084615

portada The Proposed Merger of AT&T and T-Mobile: Are There Unexhausted Scale Economies in U.S. Mobile Telephony? (en Inglés)

The Proposed Merger of AT&T and T-Mobile: Are There Unexhausted Scale Economies in U.S. Mobile Telephony? (en Inglés)

Formato

Libro Físico

Autor

Yan Li

Russell Pittman

U. S. Department of Justice Antitrust Di

Editorial

Bibliogov

Idioma

Inglés

N° páginas

Encuadernación

Tapa Blanda

Dimensiones

24.6 x 18.9 x 0.2 cm

Peso

0.08 kg.

ISBN13

9781289084615

Categorías

Política y gobierno

The Proposed Merger of AT&T and T-Mobile: Are There Unexhausted Scale Economies in U.S. Mobile Telephony? (en Inglés)

Yan Li (Autor) · Russell Pittman (Autor) · U. S. Department of Justice Antitrust Di (Autor) · Bibliogov · Tapa Blanda

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Reseña del libro "The Proposed Merger of AT&T and T-Mobile: Are There Unexhausted Scale Economies in U.S. Mobile Telephony? (en Inglés)"

From the beginning, the debate on the likely results of the proposed acquisition of T-Mobile USA by AT&T focused more on the claims of the parties that "immense" merger efficiencies would overwhelm any apparent losses of competition than on the presence or absence of those losses, and the factors that might affect them, such as market definition. The companies based their "economic model" of the merger on estimates of efficiencies on AT&T's "engineering model," without addressing the credibility of the results of the latter in the context of the economics literature on the telecommunications sector. In this paper we first argue that the economics literature on economies of scale (especially) and economies of density in mobile telephony suggests caution in expecting such massive cost reductions from increasing the size of an already very large firm. We then present new econometric evidence from an international data base supporting the notion that most large mobile telephone service providers have reached the point of constant or even (rarely) declining returns to scale.