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Crandall Releases Study on the Negative Effects
of Allowing WorldCom to Retain Its Licenses
January 30, 2003
A working paper released by Robert Crandall of the Brookings Institution
and Criterion Economics, L.L.C. studies the effect of allowing WorldCom
to retain its licenses. The author determines that the industry would
be more stable if excess capacity were rationalized through consolidation
and the assets placed in the hands of firms with sustainable business
plans.
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