The American telecommunications industry is in a turbulent transition, whose outcome is still far from clear. Amidst all the controversy over deregulation, the overwhelming majority of transactions in telecommunications markets still take place at regulated prices. In actuality, what the industry has been experiencing is an uneven and often uncoordinated series of movements in the direction of outright deregulation of some markets and less comprehensive regulation of others.
Alfred E. Kahn & William B. Shew,
Current Issues in Telecommunications Regulation: Pricing,
Yale J. on Reg.
Available at: http://digitalcommons.law.yale.edu/yjreg/vol4/iss2/2