Change needed in telecom regulation: researchers
Wednesday, October 6, 2010 - 08:50
in Mathematics & Economics
The Internet has had an obviously revolutionary effect on the way people find and disseminate information; but it's had no less revolutionary an effect on the organization of the telecommunications industry. Where the industry was, in the past, dominated by a few huge companies with aligned interests, it's now a tumult of startups charging hard in different directions. Google and Facebook became billion-dollar companies with virtually no control over the networks on which their services depend, and there's no guarantee that their interests will converge with those of Verizon and Comcast.