Document Type

Article

Publication Title

Federal Communications Law Journal

Abstract

In this short Article, I shall return to some of the issues that I addressed in my short book, Antitrust Consent Decrees in Theory and Practice: Why Less is More. The basic theme of that book is that the success of consent decrees, and indeed the resolution of all large antitrust cases, follows a clear pattern. The more ambitious the decree, the worse matters are likely to turn out. The reasonable response therefore is to cut back on ambition in order to execute modest plans well. Perhaps the most vivid illustration of a consent decree process gone wrong is the breakup of AT&T. Therefore, holding a conference that addresses the strengths and weaknesses of that decree twenty-five years later offers a propitious occasion on which to examine this fundamental restructuring of the telecommunications industry.

First Page

149

Volume

61

Publication Date

2008

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