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Author: J. Gregory Sidak Publisher: University of Chicago Press ISBN: 0226756289 Category : Technology & Engineering Languages : en Pages : 462
Book Description
Restrictions on foreign investment in U.S. telecommunications firms have harmed the interests of American consumers and investors, argues J. Gregory Sidak in this convincing study. Sidak shows why these restrictions, originally intended to protect America from the perils of wireless telegraphy by foreign agents, should be repealed. Basing his analysis on legislative history, statutory and constitutional interpretation, and finance and trade theory, Sidak shows that these restrictions no longer serve their national security purpose (if they ever did). Instead they deny American consumers lower prices and more robust innovation, hamper access of American investors to foreign telecommunications markets, and unconstitutionally impinge on freedom of speech. Sidak's study encompasses the Telecommunications Act of 1996, recent global mergers such as British Telecom-MCI, and the 1997 World Trade Organization agreement to liberalize trade in telecommunications services.
Author: J. Gregory Sidak Publisher: University of Chicago Press ISBN: 0226756289 Category : Technology & Engineering Languages : en Pages : 462
Book Description
Restrictions on foreign investment in U.S. telecommunications firms have harmed the interests of American consumers and investors, argues J. Gregory Sidak in this convincing study. Sidak shows why these restrictions, originally intended to protect America from the perils of wireless telegraphy by foreign agents, should be repealed. Basing his analysis on legislative history, statutory and constitutional interpretation, and finance and trade theory, Sidak shows that these restrictions no longer serve their national security purpose (if they ever did). Instead they deny American consumers lower prices and more robust innovation, hamper access of American investors to foreign telecommunications markets, and unconstitutionally impinge on freedom of speech. Sidak's study encompasses the Telecommunications Act of 1996, recent global mergers such as British Telecom-MCI, and the 1997 World Trade Organization agreement to liberalize trade in telecommunications services.
Author: United States. Congress. House. Committee on Commerce. Subcommittee on Telecommunications, Trade, and Consumer Protection Publisher: ISBN: Category : Business & Economics Languages : en Pages : 224
Author: United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Telecommunications, Consumer Protection, and Finance Publisher: ISBN: Category : Disclosure of information Languages : en Pages : 368
Author: United States. Congress. House. Committee on Commerce. Subcommittee on Commerce, Trade, and Hazardous Materials Publisher: ISBN: Category : Business & Economics Languages : en Pages : 108
Author: United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Telecommunications, Consumer Protection, and Finance Publisher: ISBN: Category : Investments, Foreign Languages : en Pages : 288
Author: Congressional Research Congressional Research Service Publisher: Createspace Independent Publishing Platform ISBN: 9781539454816 Category : Languages : en Pages : 38
Book Description
The Committee on Foreign Investment in the United States (CFIUS) is comprised of nine members, two ex officio members, and other members as appointed by the President representing major departments and agencies within the federal executive branch. While the group generally has operated in relative obscurity, the proposed acquisition of commercial operations at six U.S. ports by Dubai Ports World in 2006 placed the group's operations under intense scrutiny by Members of Congress and the public. Prompted by this case, some Members of the 109th and 110th Congresses questioned the ability of Congress to exercise its oversight responsibilities given the general view that CFIUS's operations lack transparency. Other Members revisited concerns about the linkage between national security and the role of foreign investment in the U.S. economy. Some Members of Congress and others argued that the nation's security and economic concerns have changed since the September 11, 2001, terrorist attacks and that these concerns were not being reflected sufficiently in the Committee's deliberations. In addition, anecdotal evidence seemed to indicate that the CFIUS process was not market neutral. Instead, a CFIUS investigation of an investment transaction may have been perceived by some firms and by some in the financial markets as a negative factor that added to uncertainty and may have spurred firms to engage in behavior that may not have been optimal for the economy as a whole. On July 12, 2016, Senator Charles Grassley introduced S. 3161 to include the Secretary of Agriculture as a permanent member of the CFIUS and to include the national security impact of foreign investments on agricultural assets as part of the criteria the Committee uses in deciding to recommend that the President block a foreign acquisition.
Author: William F. Averyt Publisher: Burlington, Vt. : University of Vermont, School of Business Administration ISBN: Category : Political Science Languages : en Pages : 226
Author: United States. Congress. House. Committee on Commerce. Subcommittee on Commerce, Trade, and Hazardous Materials Publisher: ISBN: Category : Business & Economics Languages : en Pages : 80
Author: J. Gregory Sidak
Author: J. Gregory Sidak
Author: United States. Congress. House. Committee on Commerce. Subcommittee on Telecommunications, Trade, and Consumer Protection
Author: United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Telecommunications, Consumer Protection, and Finance
Author: Carl Edgar Law
Author: Peter F. Cowhey
Author: United States. Congress. House. Committee on Commerce. Subcommittee on Commerce, Trade, and Hazardous Materials
Author: United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Telecommunications, Consumer Protection, and Finance
Author: Congressional Research Congressional Research Service
Author: William F. Averyt
Author: United States. Congress. House. Committee on Commerce. Subcommittee on Commerce, Trade, and Hazardous Materials