Business history is full of examples of how crowding destroys value.
Telecom managers should be held accountable for the excessive risks that they have undertaken at the expense of their stakeholders. N.J. In the coming months, the Federal Communications Commission will face a series of rulings that will determine whether we will have a competitive market for voice and data, as well as broadband services. Pro-competition decisions will mean lower prices, faster innovation, greater economic growth, and continued U.S. leadership in high tech. Decisions that favor continued monopoly will mean the opposite. Unfortunately, recent signs from Washington have not been encouraging.