Instead the opposite has happened.
Competition in local telephone markets has failed to materialize because the local telephone monopolies have refused to open their networks to new entrants who must rely on parts of the monopoly network to provide local service. The major telephone companies have not sought to provide local telephone service outside of their home territories.(1) the Bell operating companies, instead of competing with each other for local customers, bought each other, creating a small number of dominant national firms with regional monopolies that are even more immune to competitive entry ("Lessons from 1996").
Regional Bell companies, unable to remain competitive as their brethren merged, were forced to do the same.
These effects were seen almost immediately when the Act was signed into law. Announcement of proposed mergers were made immediately by four of the seven Bell regional holding companies. NYNEX was acquired by Bell Atlantic. Pacific Telesis was acquired by SBC ("The United States Telecommunications"). One after the other mergers were announced, further reducing competition, rather than spurring it on. And the regional Bell companies, that were once powerfully profitable, completely lost their individual identities.
Conclusion:
Although the Telecommunications Act eliminated cross-industry barriers that prevented cable, long distance, and regional...
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The deal was immediately criticized as anti-competitive by William Kennard, the chairman of the Federal Communications Commission, and by the Communications Workers of America, which represents some workers at both of the merged companies. But neither government regulators nor union bureaucrats will have the slightest impact on the latest merger. They have neither the power nor the desire to oppose the plans of the giant telecommunications monopolies. More substantial opposition
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