Is competition a good thing?

Far-ranging discussions today at the Aspen Institute conference. What’s striking is how widely the basic notions of competition and deregulation in telecommunications are being questioned. There’s significant interest in new models for spectrum policy, but everyone is focused on the near-term problems in the marketplace. As excited as I am about unlicensed wireless, I have to admit that its major impacts will be felt farther out in the future. It’s amazing how far we’ve come from the optimism of 1996-2000.