Matches in SemOpenAlex for { <https://semopenalex.org/work/W1553698264> ?p ?o ?g. }
- W1553698264 abstract "Telecommunications long was a sector where sellers of services operated in protected local markets, where law and government regulation created and enforced barriers to entry, especially by foreign firms. In many nations, in fact, the provision of telecommunications services was reserved for state-owned monopoly suppliers. During the late 1980s and through the 1990s, however, many of these barriers have been removed while formerly state-owned firms have been partially or wholly privatized. This has in turn engendered some cross entry by telecom service providers; firms that once were purely domestic in the scope of their operations thus have become multinational. During the summer of 2000, however, US Senator Ernest Hollings, with co-sponsorship of 29 other US Senators, introduced a bill (S.2793) in the US Congress that would have effectively blocked non-US telecommunications service providers from acquiring US telecom firms if the former were state-owned, or even only partly state-owned. The bill was aimed specifically at the proposed acquisition of US mobile telecommunications service provider Voice Stream by the German firm Deutsche Telekom (DT), but the language of the bill would have served to block virtually any non-US state-owned firm in the telecom sector from buying a US firm. While the bill did not become law, it reflected a long history of efforts in Congress to prevent US firms from being acquired by state-owned non-US firms (e.g., a legislative bill to do this had been introduced by Senator Frank Murkowski during the late 1980s, and while this bill also failed to be passed into law, some provisions from the bill were incorporated into the Exon-Florio legislation that was first enacted as a temporary measure in 1988 but subsequently made part of US permanent law in 1992). The Hollings bill was doubtlessly motivated in part by xenophobia (Senator Hollings is himself of the American generation that fought Germany during World War II). But it was also motivated, as was the Murkowski bill a decade earlier, by fears that subsidies and/or monopoly profits accruing to state-owned firms in their home markets might be used to affect operations in the US market to the detriment of locally-owned competitors. The extreme case of such behavior would be predatory pricing by the state-owned firm aimed at bankrupting its competitors, where temporary losses created by below-cost pricing in the US market would be offset by subsidies or monopoly profits in the home market. The ultimate goal of the predatory firm would be to establish a monopoly in the United States. In fact, the Hollings bill was shelved in part because DT was able to establish that it was neither a recipient of significant subsidies in Germany nor a monopoly service provider in the German market (although the firm once held a statutory monopoly there, the market has been opened to competition and some new entry has occurred). Also figuring in the shelving of the bill was argumentation that competition in the US market for wireless telecom services would be enhanced by the entry of DT. However, fears have persisted about the possibly deleterious effects of subsidies or monopoly profits garnered by a firm in its home market on competition in a geographically separate market in which that firm (or a subsidiary of that firm) is a seller. Indeed, the issues raised by the Hollings bill pertain to numerous sectors in which multinational firms compete. Accordingly, the US Council of Economic Advisors was ordered by the US President following the introduction of the Hollings bill to advise on what might be the effects of such competition." @default.
- W1553698264 created "2016-06-24" @default.
- W1553698264 creator A5029167518 @default.
- W1553698264 date "2002-01-01" @default.
- W1553698264 modified "2023-09-25" @default.
- W1553698264 title "Subsidies, Market Closure, Cross-Border Investment, And Effects On Competition: The Case Of Fdi In The Telecommunications Sector" @default.
- W1553698264 cites W1482462670 @default.
- W1553698264 cites W1485720273 @default.
- W1553698264 cites W189162697 @default.
- W1553698264 cites W2007197597 @default.
- W1553698264 cites W2007453248 @default.
- W1553698264 cites W2029168131 @default.
- W1553698264 cites W2044681150 @default.
- W1553698264 doi "https://doi.org/10.2139/ssrn.300881" @default.
- W1553698264 hasPublicationYear "2002" @default.
- W1553698264 type Work @default.
- W1553698264 sameAs 1553698264 @default.
- W1553698264 citedByCount "1" @default.
- W1553698264 crossrefType "journal-article" @default.
- W1553698264 hasAuthorship W1553698264A5029167518 @default.
- W1553698264 hasBestOaLocation W15536982642 @default.
- W1553698264 hasConcept C10138342 @default.
- W1553698264 hasConcept C116537 @default.
- W1553698264 hasConcept C127413603 @default.
- W1553698264 hasConcept C138885662 @default.
- W1553698264 hasConcept C139719470 @default.
- W1553698264 hasConcept C144133560 @default.
- W1553698264 hasConcept C155202549 @default.
- W1553698264 hasConcept C158016649 @default.
- W1553698264 hasConcept C162324750 @default.
- W1553698264 hasConcept C162853370 @default.
- W1553698264 hasConcept C17744445 @default.
- W1553698264 hasConcept C18903297 @default.
- W1553698264 hasConcept C199539241 @default.
- W1553698264 hasConcept C2778137410 @default.
- W1553698264 hasConcept C2780378061 @default.
- W1553698264 hasConcept C2780840467 @default.
- W1553698264 hasConcept C2781127519 @default.
- W1553698264 hasConcept C33271190 @default.
- W1553698264 hasConcept C33842695 @default.
- W1553698264 hasConcept C34447519 @default.
- W1553698264 hasConcept C41895202 @default.
- W1553698264 hasConcept C58823610 @default.
- W1553698264 hasConcept C76155785 @default.
- W1553698264 hasConcept C83009810 @default.
- W1553698264 hasConcept C84265765 @default.
- W1553698264 hasConcept C86803240 @default.
- W1553698264 hasConcept C91306197 @default.
- W1553698264 hasConceptScore W1553698264C10138342 @default.
- W1553698264 hasConceptScore W1553698264C116537 @default.
- W1553698264 hasConceptScore W1553698264C127413603 @default.
- W1553698264 hasConceptScore W1553698264C138885662 @default.
- W1553698264 hasConceptScore W1553698264C139719470 @default.
- W1553698264 hasConceptScore W1553698264C144133560 @default.
- W1553698264 hasConceptScore W1553698264C155202549 @default.
- W1553698264 hasConceptScore W1553698264C158016649 @default.
- W1553698264 hasConceptScore W1553698264C162324750 @default.
- W1553698264 hasConceptScore W1553698264C162853370 @default.
- W1553698264 hasConceptScore W1553698264C17744445 @default.
- W1553698264 hasConceptScore W1553698264C18903297 @default.
- W1553698264 hasConceptScore W1553698264C199539241 @default.
- W1553698264 hasConceptScore W1553698264C2778137410 @default.
- W1553698264 hasConceptScore W1553698264C2780378061 @default.
- W1553698264 hasConceptScore W1553698264C2780840467 @default.
- W1553698264 hasConceptScore W1553698264C2781127519 @default.
- W1553698264 hasConceptScore W1553698264C33271190 @default.
- W1553698264 hasConceptScore W1553698264C33842695 @default.
- W1553698264 hasConceptScore W1553698264C34447519 @default.
- W1553698264 hasConceptScore W1553698264C41895202 @default.
- W1553698264 hasConceptScore W1553698264C58823610 @default.
- W1553698264 hasConceptScore W1553698264C76155785 @default.
- W1553698264 hasConceptScore W1553698264C83009810 @default.
- W1553698264 hasConceptScore W1553698264C84265765 @default.
- W1553698264 hasConceptScore W1553698264C86803240 @default.
- W1553698264 hasConceptScore W1553698264C91306197 @default.
- W1553698264 hasLocation W15536982641 @default.
- W1553698264 hasLocation W15536982642 @default.
- W1553698264 hasOpenAccess W1553698264 @default.
- W1553698264 hasPrimaryLocation W15536982641 @default.
- W1553698264 hasRelatedWork W1510527819 @default.
- W1553698264 hasRelatedWork W1520331779 @default.
- W1553698264 hasRelatedWork W1555318003 @default.
- W1553698264 hasRelatedWork W1584967891 @default.
- W1553698264 hasRelatedWork W1991153847 @default.
- W1553698264 hasRelatedWork W2002186496 @default.
- W1553698264 hasRelatedWork W2122984714 @default.
- W1553698264 hasRelatedWork W2280752834 @default.
- W1553698264 hasRelatedWork W2297603943 @default.
- W1553698264 hasRelatedWork W2481813579 @default.
- W1553698264 hasRelatedWork W2487967426 @default.
- W1553698264 hasRelatedWork W2489622431 @default.
- W1553698264 hasRelatedWork W2491887310 @default.
- W1553698264 hasRelatedWork W2795884542 @default.
- W1553698264 hasRelatedWork W3023843134 @default.
- W1553698264 hasRelatedWork W3122888378 @default.
- W1553698264 hasRelatedWork W3123482564 @default.
- W1553698264 hasRelatedWork W3125349426 @default.
- W1553698264 hasRelatedWork W3142391515 @default.
- W1553698264 hasRelatedWork W786511645 @default.
- W1553698264 isParatext "false" @default.