Voluntary industry agreement promotes competition among mobile networks (Stuart N. Brotman, Brookings)

The recently-released Council of Economic Advisers (CEA) Issues Brief, Benefits of Competition and Indicators of Market Power, provides a useful snapshot of current government thinking on the economic and social benefits of competition, such as economic growth and job creation. Conversely, the report asserted that “[w]hen there is little or no competition, consumers are made worse off if a firm uses its market power to raise prices, lower quality for consumers, or block entry by entrepreneurs.”

http://www.brookings.edu/blogs/techtank/posts/2016/05/26-voluntary-agreements-mobile-networks-brotman