| | Regulating Competition in the Interexchange Telecommunications Market: |
 | | It certifies that carriers are acting in the public interest, establishes carriers' service areas, controls the number of circuits and facilities that carriers may construct or lease to provide their authorized services, and ensures that carriers do not arbitrarily discontinue, reduce, or impair their services in areas that primarily rely on them. |
 | | All forborne carriers therefore had increased incentive to develop new services and be responsive to customer needs because: (1) they alone reaped the rewards of their ingenuity while their competitors sought to overtake them, and (2) they had to take such action in order to retain or improve their market share and remain competitive. |
 | | Finally, because dominant carriers did not enjoy the flexibility afforded by forbearance, such firms, which could otherwise use their more substantial resources to serve as industry leaders in service innovation, were vulnerable to losing their technological initiative and becoming relegated to a secondary role in the research and development of new services. |
| www.law.indiana.edu /fclj/pubs/v49/no2/schoenw.html (16058 words) |