Captive Audience: The Telecom Industry and Monopoly Power in

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Book details
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Author : Susan Crawford
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Pages : 368 pages
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Publisher : Yale University Press 2014-02-25
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Language : English
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ISBN-10 : 0300205708
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ISBN-13 : 9780300205701
Book Synopsis
Why Americans are paying much more for Internet access,and getting much less Ten years ago, the United States stood at the forefront of the
Internet revolution. With some of the fastest speeds and lowest prices in the world for high-speed Internet access, the nation was poised to be the
global leader in the new knowledge-based economy. Today that global competitive advantage has all but vanished because of a series of
government decisions and resulting monopolies that have allowed dozens of countries, including Japan and South Korea, to pass us in both
speed and price of broadband. This steady slide backward not only deprives consumers of vital services needed in a competitive employment and
business market—it also threatens the economic future of the nation.This important book by leading telecommunications policy expert Susan
Crawford explores why Americans are now paying much more but getting much less when it comes to high-speed Internet access. Using the
2011 merger between Comcast and NBC Universal as a lens, Crawford examines how we have created the biggest monopoly since the breakup
of Standard Oil a century ago. In the clearest terms, this book explores how telecommunications monopolies have affected the daily lives of
consumers and America s global economic standing.