1. Is the Road to Competition Paved with Net Neutrality? John W. Mayo Georgetown University mayoj@georgetown.edu (202) 687-6972 Phoenix Center 2006 Annual U.S. Telecoms Symposium December 6 th, 2006

2. Sir Thomas More: Well, take me home. Boatman: From Richmond to Chelsea, a penny half-penny From Chelsea to Richmond a penny half-penny. From Richmond to Chelsea, it’s a quiet float downstream, from Chelsea to Richmond, it’s a hard pull upstream, and it’s a penny half-penny either way. Whoever makes the regulations doesn’t row a boat. A Man for All Seasons Robert Bolt

3. The Road to Competition 1984 - Kahn, Yale Journal on Regulation 1984 - Kahn, Yale Journal on Regulation – “On the Road to More Intelligent Telephone Pricing” 1994 - Kaserman and Mayo, YJR 1994 - Kaserman and Mayo, YJR – “Cross-Subsidization: Roadblocks on the Road to More Intelligent Telecommunications Pricing” 1996 - The “pedal to the metal” embrace of competition 1996 - The “pedal to the metal” embrace of competition –Dead-ends (Resale, Facilities-based and UNES) 2004 - A fork in the road to competition 2004 - A fork in the road to competition –Intra-Modal versus inter-Modal competition

4. The Road to Competition (cont.) 2006 - Telecommunications reform legislation & deregulatory agenda 2006 - Telecommunications reform legislation & deregulatory agenda –“Roadside fruit” - An “Easy Pass” -- National Video franchise –The “roadbed” -- Intercarrier compensation & Universal Service reform –Enabling “on-ramps” – spectrum deployment –“Roadblocks and Distractions” on the road to competition - Network neutrality