Michigan Telecommunications and Technology Law Review Volume 1 | Issue 1 1995 Telecommunications in Transition: Unbundling, Reintegration, and Competition David J. Teece University of California, Berkeley Follow this and additional works at: http://repository.law.umich.edu/mttlr Part of the Antitrust and Trade Regulation Commons, Communications Law Commons, Internet Law Commons, and the Science and Technology Law Commons Recommended Citation David J. Teece, Telecommunications in Transition: Unbundling, Reintegration, and Competition, 1 Mich. Telecomm. & Tech. L. Rev. 47 (1995). Available at: http://repository.law.umich.edu/mttlr/vol1/iss1/3 This Article is brought to you for free and open access by the Journals at University of Michigan Law School Scholarship Repository. It has been accepted for inclusion in Michigan Telecommunications and Technology Law Review by an authorized editor of University of Michigan Law School Scholarship Repository. For more information, please contact
[email protected]. TELECOMMUNICATIONS IN TRANSITION: UNBUNDLING, REINTEGRATION, AND COMPETITIONt David J. Teece* Cite As: David J. Teece, Telecommunications in Transition: Un- bundling, Reintegration,and Competition, 1 MICH. TELECOMM. TECH. L. REv. 47 (1995) available at <http://www.mttlr.org/volone/teece.pdf> I. INTRODUCTION The world economy is experiencing a technological revolution, fu- eled by rapid advances in microelectronics, optics, and computer science, that in the 1990s and beyond will dramatically change the way people everywhere communicate, learn, and access information and en- tertainment. This technological revolution has been underway for about a decade. The emergence of a fully-interactive communications net- work, sometimes referred to as the "Information Superhighway," is now upon us. This highway, made possible by fiber optics and the conver- gence of several different technologies, is capable of delivering a plethora of new interactive entertainment, informational, and instruc- tional services that are powerful and user-friendly.