This volume investigates the evolving landscape of telecommunications regulation in response to rapid technological shifts and market deregulation. Edited by Eli M. Noam, the text compiles papers from a Columbia University Graduate School of Business conference, providing a multi-faceted analysis of how legal frameworks must adapt to changing industry structures. The contributors utilize historical data and economic theory to argue for more flexible, market-oriented regulatory policies.

Experts recognize this collection as a significant academic resource for understanding the regulatory challenges faced by the telecommunications industry during the late 20th century. Readers frequently note the academic density of the prose and the depth of the policy analysis provided by the contributors.