About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline

45 Infrastructure 1 (2005-2006)

handle is hein.journals/infrastr45 and id is 1 raw text is: Vol. 45, No. 1, Fall 2005

A morning with
Dr. Alfred Kahn, Part 2

On July 12, 2005, Dr. Howard J. Axelrod1 met with Dr. Alfred Kahn, at
Dr. Kahn's office in Ithaca, N.Y. Dr. Kahn, now 87 years old, is well known
for his landmark text, The Economics of Regulation: Principles and Institutions,
published in 1970, and his service as President Carter's chairman of the
Civil Aeronautics Board, during which he led the deregulation of the air-
lines industry.2
Dr. Axelrod: Dr. Kahn, concerning the telecommunications industry, assum-
ing that the local providers are natural monopolies, is that a valid
basis for remaining regulated?
Dr. Kahn:   A natural monopoly remains a reasonable basis for continued
regulation. Over the last 30 years or so, the tendency in telecom-
munications - embodied most obviously in the 1984 Consent
Decree in the AT&T antitrust case - was originally to separate
the provision of local service, conceived as naturally monopolis-
tic, and regulate it, both to protect consumers from exploitation
and to ensure downstream competitors fair and equal access to
(continued on page 7)

 Section
chair's
column
1p.2
m Editor's
note
p. 2
m How does the
Energy Policy Act
affect electric
companies?
p. 3

E ........

I               INSIDE

What Is HeinOnline?

HeinOnline is a subscription-based resource containing nearly 3,000 academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Short-term subscription options include 24 hours, 48 hours, or 1 week to HeinOnline with pricing starting as low as $29.95

Contact us for annual subscription options:

Already a HeinOnline Subscriber?

profiles profiles most