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The
Regulatory Context of Acquisitions and
Investment in U.S. Telecommunications
Originally Published in TelecomFinance, Issue 63, November 24,
1999
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by Owen D. Kurtin & Beth Simone
Noveck
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Abstract
The purpose of this article is not merely to enumerate principal
elements of regulatory re-view in the United States, but to put them in
context: a non-U.S. acquiror or investor must
understand what U.S.
regulatory authorities try to achieve in the exercise of their review
and approval powers; what issues will be key to gaining their
approval; and how and when should they be approached. The scope of regulatory
concerns may be broadly organized into two domains:
competition, and foreign ownership and national
security.
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