Foreign Investment in American TelecommunicationsUniversity of Chicago Press, 15 apr. 2008 - 460 sidor Restrictions on foreign investment in U.S. telecommunications firms have harmed the interests of American consumers and investors, argues J. Gregory Sidak in this convincing study. Sidak shows 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originally intended to protect America from the perils of wireless telegraphy by foreign agents, should be repealed.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 shows that these restrictions no longer serve their national security purpose (if they ever did). 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. Sidak's 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. |
Innehåll
1 | |
2 The Legislative History | 9 |
3 The Statute | 77 |
4 Ownership and Control | 119 |
5 Foreign Direct Investment in the United States | 159 |
6 Trade Policy | 217 |
7 Free Speech | 287 |
8 The 1997 World Trade Organization Agreementand Beyond | 367 |
Appendix Selected WTO Documents Concerning Trade in Telecommunications Services | 395 |
Bibliography | 407 |
Case and Regulatory Proceeding Index | 425 |
437 | |
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25 percent agency alien American Marconi application AT&T basic telecommunications broadcast Cable & Wireless cable television capital cellular Commerce Commission common carrier Communications Act competition Cong Congress Corp corporation Court D.C. Cir Datran directors domestic economic Entry and Regulation FCC's Federal Federal Communications Commission foreign carrier foreign direct investment foreign government foreign investment foreign ownership restrictions FTS's global hereinafter holding company industry intermediate scrutiny investment in U.S. investors legislation license limited Market Entry McCaw ment national security Navy Navy's negotiations operate President proposed public interest Radio Act radio common carrier radio licensee reciprocity Red Lion regulatory Report and Order rules section 310 Senator Sess spectrum speech Sprint statute strict scrutiny supra note Telecom telecommunications services Telefónica telephone tion trade policy U.S. carriers U.S. radio U.S. telecommunications U.S. Trade Representative United World Trade Organization WTO agreement
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