1.

Record Nr.

UNINA9910817637303321

Autore

Sidak J. Gregory

Titolo

Foreign investment in American telecommunications / / J. Gregory Sidak

Pubbl/distr/stampa

Chicago, : University of Chicago Press, 1997

ISBN

1-281-43053-6

9786611430535

0-226-75628-9

Edizione

[1st ed.]

Descrizione fisica

1 online resource (462 p.)

Disciplina

384/.041

Soggetti

Telecommunication - United States

Telecommunication - Law and legislation - United States

Investments, Foreign - United States

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references (p. [407]-423) and indexes.

Nota di contenuto

Front matter -- Contents -- Acknowledgments -- About the Author -- 1. Beyond America's Borders -- 2. The Legislative History -- 3. The Statute -- 4. Ownership and Control -- 5. Foreign Direct Investment in the United States -- 6. Trade Policy -- 7. Free Speech -- 8. The 1997 World Trade Organization Agreement-and Beyond -- Appendix. Selected WTO Documents Concerning Trade in Telecommunications Services -- Bibliography -- Case and Regulatory Proceeding Index -- Subject Index

Sommario/riassunto

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originally intended to protect America from the perils of wireless telegraphy by foreign agents, should be repealed.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.