After the Telecommunication Act of 1996,new Providers of Local Telephone

question 45

Short Answer

After the Telecommunication Act of 1996,new providers of local telephone services were called _____________________________________________.

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Definitions:

Market Share

The segment of a market held by a certain company or product.

Concentration Ratio

A measure used to assess the market share controlled by the top firms in an industry, indicative of market competitiveness or dominance.

Inverted-U Theory

A hypothesis that suggests a relationship between a particular factor and an outcome starts positively at lower levels, peaks, and then turns negative as the factor increases further.

Technologically Progressive

Characterized by advances in technology which contribute to improved efficiency and productivity.