This week, George
Ford, Chief Economist at the Phoenix Center for Advanced Legal & Economic
Public Policy Studies, published a paper entitled “How (and How Not) to
Measure Market Power Over Business Data Services (BDS).” Dr. Ford finds
that the analysis of the FCC’s white paper “Empirics
of Business Data Services” by Professor Marc Rysman “is unsupported by
basic economics and good econometrics, and is thus incapable of providing any
meaningful evidence regarding the presence or absence of market power.”
I wrote in a June 2016 Perspectives from FSF Scholars that the FCC’s analysis lacked consistent data collection and a robust understanding of the variables that impact BDS prices. Moreover, FSF President Randolph May and Senior Fellow Seth Cooper stated in a July 2015 Perspectives from FSF Scholars that the FCC’s Notice of Proposed Rulemaking is infected with special pleading and rent-seeking. If adopted, the FCC’s NPRM may have the unintended consequence of creating market power in the BDS market.
I wrote in a June 2016 Perspectives from FSF Scholars that the FCC’s analysis lacked consistent data collection and a robust understanding of the variables that impact BDS prices. Moreover, FSF President Randolph May and Senior Fellow Seth Cooper stated in a July 2015 Perspectives from FSF Scholars that the FCC’s Notice of Proposed Rulemaking is infected with special pleading and rent-seeking. If adopted, the FCC’s NPRM may have the unintended consequence of creating market power in the BDS market.
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