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Do State Reviews of Communications Mergers Serve the Public Interest?
Eisenach and Kulick examine how state reviews of communications mergers serve the interest of the public in the US. The appropriate role of state governments in the merger review process has been the subject of vigorous debate among academics and policymakers. Supporters of state involvement argue t...
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Published in: | Federal communications law journal 2019-05, Vol.71 (2), p.125-153 |
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container_title | Federal communications law journal |
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creator | Eisenach, Jeffrey A Kulick, Robert |
description | Eisenach and Kulick examine how state reviews of communications mergers serve the interest of the public in the US. The appropriate role of state governments in the merger review process has been the subject of vigorous debate among academics and policymakers. Supporters of state involvement argue that states may have unique local knowledge of competitive conditions or other comparative advantages that allow them to add value to the enforcement efforts of federal antitrust watchdogs at the Department of Justice and the Federal Trade Commission. Critics question the benefits of state intervention and also point to the costs, arguing that state reviews are duplicative, costly, and involve unnecessary delays. Critics also note that state enforcers face incentives to place parochial political interests ahead of overall consumer welfare or the broader public interest and thus to impose merger conditions that benefit narrower constituencies to the detriment of the public at large. Here, a study that presents empirical analysis of the effects of public utility commission oversight of mergers involving communications carriers is explored. |
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Here, a study that presents empirical analysis of the effects of public utility commission oversight of mergers involving communications carriers is explored.</description><subject>Acquisitions and mergers</subject><subject>Analysis</subject><subject>Antitrust</subject><subject>Bankruptcy</subject><subject>Clayton Antitrust Act 1914-US</subject><subject>Communication</subject><subject>Communications industry</subject><subject>Competition</subject><subject>Constituents</subject><subject>Economics</subject><subject>Enforcement</subject><subject>Evaluation</subject><subject>Externality</subject><subject>Government agencies</subject><subject>Influence</subject><subject>Laws, regulations and rules</subject><subject>Local knowledge</subject><subject>Mergers, acquisitions and divestments</subject><subject>Policy making</subject><subject>Public interest</subject><subject>State government</subject><subject>State intervention</subject><subject>Telecommunications services industry</subject><subject>Waiting period</subject><subject>Welfare</subject><subject>Welfare recipients</subject><issn>0163-7606</issn><issn>2376-4457</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2019</creationdate><recordtype>article</recordtype><sourceid>7TQ</sourceid><sourceid>ALSLI</sourceid><sourceid>DPSOV</sourceid><sourceid>M0C</sourceid><sourceid>M2L</sourceid><recordid>eNptjl9LwzAUxYMoOKffIeCrlaRp0vZJxvw3mChOn0ua3XQZbaJJOr--AQUnjAv3wuF37jlHaJKzUmRFwctjNCFUsKwURJyisxC2hCShqCfo7tbhVZQR8CvsDHwF7DSeu2EYrVEyGmcDfgLfgQ94BX4HOG4Av4xtbxRe2AgeQrw5Ryda9gEufu8Uvd_fvc0fs-Xzw2I-W2YdLQnNtJRKUK0ZEJJTUIJLoXWRM81VS-WaQytSMVkDtFy0glHdUlrUFEhJRaXZFF3-_P3w7nNMyc3Wjd6myCZnVVWVPHn-qE720BirXfRSDSaoZsZrVhHGapKo7ADVgQUve2dBmyT_468P8GnWMBh10HC1Z2jHYCyEtILpNjF0cgxhH_8GCtaCHg</recordid><startdate>20190501</startdate><enddate>20190501</enddate><creator>Eisenach, Jeffrey A</creator><creator>Kulick, Robert</creator><general>The George Washington University Law School</general><general>George Washington University, National Law Center</general><scope>N95</scope><scope>XI7</scope><scope>ILT</scope><scope>0-V</scope><scope>3V.</scope><scope>7TQ</scope><scope>7WY</scope><scope>7WZ</scope><scope>7XB</scope><scope>87Z</scope><scope>8AO</scope><scope>8FK</scope><scope>8FL</scope><scope>8G5</scope><scope>ABUWG</scope><scope>AFKRA</scope><scope>ALSLI</scope><scope>AZQEC</scope><scope>BENPR</scope><scope>BEZIV</scope><scope>CCPQU</scope><scope>DHY</scope><scope>DON</scope><scope>DPSOV</scope><scope>DWQXO</scope><scope>FRNLG</scope><scope>F~G</scope><scope>GNUQQ</scope><scope>GUQSH</scope><scope>K60</scope><scope>K6~</scope><scope>KC-</scope><scope>L.-</scope><scope>M0C</scope><scope>M2L</scope><scope>M2O</scope><scope>MBDVC</scope><scope>PADUT</scope><scope>PQBIZ</scope><scope>PQBZA</scope><scope>PQEST</scope><scope>PQQKQ</scope><scope>PQUKI</scope><scope>PRINS</scope><scope>PYYUZ</scope><scope>Q9U</scope><scope>S0X</scope></search><sort><creationdate>20190501</creationdate><title>Do State Reviews of Communications Mergers Serve the Public Interest?</title><author>Eisenach, Jeffrey A ; Kulick, Robert</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-g1701-faac61ff3e0021ec65a6ff423f5cb1ad5eb6001a9eeb56b631fb11491e07168f3</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2019</creationdate><topic>Acquisitions and mergers</topic><topic>Analysis</topic><topic>Antitrust</topic><topic>Bankruptcy</topic><topic>Clayton Antitrust Act 1914-US</topic><topic>Communication</topic><topic>Communications industry</topic><topic>Competition</topic><topic>Constituents</topic><topic>Economics</topic><topic>Enforcement</topic><topic>Evaluation</topic><topic>Externality</topic><topic>Government agencies</topic><topic>Influence</topic><topic>Laws, regulations and rules</topic><topic>Local knowledge</topic><topic>Mergers, acquisitions and divestments</topic><topic>Policy making</topic><topic>Public interest</topic><topic>State government</topic><topic>State intervention</topic><topic>Telecommunications services industry</topic><topic>Waiting period</topic><topic>Welfare</topic><topic>Welfare recipients</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Eisenach, Jeffrey A</creatorcontrib><creatorcontrib>Kulick, Robert</creatorcontrib><collection>Gale Business: Insights</collection><collection>Business Insights: Essentials</collection><collection>LegalTrac</collection><collection>ProQuest Social Sciences Premium Collection</collection><collection>ProQuest Central (Corporate)</collection><collection>PAIS Index</collection><collection>ABI/INFORM Collection</collection><collection>ABI/INFORM Global (PDF only)</collection><collection>ProQuest Central (purchase pre-March 2016)</collection><collection>ABI/INFORM Collection</collection><collection>ProQuest Pharma Collection</collection><collection>ProQuest Central (Alumni) (purchase pre-March 2016)</collection><collection>ABI/INFORM Collection (Alumni Edition)</collection><collection>Research Library (Alumni Edition)</collection><collection>ProQuest Central (Alumni)</collection><collection>ProQuest Central</collection><collection>Social Science Premium Collection</collection><collection>ProQuest Central Essentials</collection><collection>ProQuest Databases</collection><collection>Business Premium Collection</collection><collection>ProQuest One Community College</collection><collection>PAIS International</collection><collection>PAIS International (Ovid)</collection><collection>Politics Collection</collection><collection>ProQuest Central Korea</collection><collection>Business Premium Collection (Alumni)</collection><collection>ABI/INFORM Global (Corporate)</collection><collection>ProQuest Central Student</collection><collection>Research Library Prep</collection><collection>ProQuest Business Collection (Alumni Edition)</collection><collection>ProQuest Business Collection</collection><collection>ProQuest Politics Collection</collection><collection>ABI/INFORM Professional Advanced</collection><collection>ABI/INFORM Global</collection><collection>Political Science Database</collection><collection>Research Library</collection><collection>Research Library (Corporate)</collection><collection>Research Library China</collection><collection>One Business</collection><collection>ProQuest One Business (Alumni)</collection><collection>ProQuest One Academic Eastern Edition (DO NOT USE)</collection><collection>ProQuest One Academic</collection><collection>ProQuest One Academic UKI Edition</collection><collection>ProQuest Central China</collection><collection>ABI/INFORM Collection China</collection><collection>ProQuest Central Basic</collection><collection>SIRS Editorial</collection><jtitle>Federal communications law journal</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Eisenach, Jeffrey A</au><au>Kulick, Robert</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Do State Reviews of Communications Mergers Serve the Public Interest?</atitle><jtitle>Federal communications law journal</jtitle><date>2019-05-01</date><risdate>2019</risdate><volume>71</volume><issue>2</issue><spage>125</spage><epage>153</epage><pages>125-153</pages><issn>0163-7606</issn><eissn>2376-4457</eissn><abstract>Eisenach and Kulick examine how state reviews of communications mergers serve the interest of the public in the US. The appropriate role of state governments in the merger review process has been the subject of vigorous debate among academics and policymakers. Supporters of state involvement argue that states may have unique local knowledge of competitive conditions or other comparative advantages that allow them to add value to the enforcement efforts of federal antitrust watchdogs at the Department of Justice and the Federal Trade Commission. Critics question the benefits of state intervention and also point to the costs, arguing that state reviews are duplicative, costly, and involve unnecessary delays. Critics also note that state enforcers face incentives to place parochial political interests ahead of overall consumer welfare or the broader public interest and thus to impose merger conditions that benefit narrower constituencies to the detriment of the public at large. Here, a study that presents empirical analysis of the effects of public utility commission oversight of mergers involving communications carriers is explored.</abstract><cop>Washington</cop><pub>The George Washington University Law School</pub><tpages>29</tpages></addata></record> |
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source | Nexis UK; Social Science Premium Collection; ABI/INFORM Global; Politics Collection; PAIS Index |
subjects | Acquisitions and mergers Analysis Antitrust Bankruptcy Clayton Antitrust Act 1914-US Communication Communications industry Competition Constituents Economics Enforcement Evaluation Externality Government agencies Influence Laws, regulations and rules Local knowledge Mergers, acquisitions and divestments Policy making Public interest State government State intervention Telecommunications services industry Waiting period Welfare Welfare recipients |
title | Do State Reviews of Communications Mergers Serve the Public Interest? |
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