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Advertising of Alcoholic Beverages: Should a Radio and TV Ban be Imposed?
This issue brief discusses the ongoing debate centered around television and radio advertising of alcoholic beverages, especially as it relates to the possible negative influence on the drinking habits of minors.
The American Telephone and Telegraph Divestiture: Background, Provisions, and Restructuring
On January 1, 1984, The American Telephone and Telegraph Company (AT&T) divested itself of a major portion of its organizational structure and functions. Under the post-divestiture environment the once fully-integrated Bell System is now reorganized into the "new" AT&T and seven Ladependent regional holding companies -- American Information Technologies Corp., 3ell Atlantic Corp., 3ell- South Corp., NYNEX Corp., Pacific Telesis Group., Southwestern Bell Corp., and U.S. West, Inc. The following analysis provides an overview of the pre- and post-divestiture organizational structure and details the evolution of the antitrust action which resulted in this divestiture.
AT and T Divestiture: Restructuring the U.S. Domestic Telephone Industry
On January 8, 1982, the Justice Department and the American Telephone and Telegraph Company announced the settlement of the Government's seven year old antitrust suit against AT&T. Nineteen months later, in August 1983, U.S. District Court Judge Harold Greene gave final approval to the AT& T divestiture agreement. The breakup of AT&T will affect every aspect of the U.S. domestic telephone industry from the yellow pages to the manufacture of telephones. AT&T officially spun off its 22 local operating companies into seven regional phone companies on January 1, 1984. This Info Pack focuses on the Department of Justice settlement with AT&T and how the resulting divestiture will affect the U.S. domestic telephone industry.
Automobile Domestic Content Requirements
In response to the lowest drop of American produced automobile sales in two decades and other related conditions, legislation has been introduced that would impose domestic (local) content ratios for automotive vehicles. These would require that cars and trucks sold in the United States in large quantities contain a certain percentage of American parts and labor.
Bankruptcy and Business Failure Data
The purpose of this report is to provide statistical data on the actual number of businesses that are filing for bankruptcy or ceasing operations. Tabular data of both a historical and current nature concerning business failures and bankruptcies is provided.
Budget Deficits: Causes, Effects and Some Remedial Options
In 1981 Congress enacted extensive changes in taxing and spending policies that supporters of these changes expected to generate sufficient revenues, despite a series of tax rate cuts, to balance the budget by FY84. After the onset of recession in early 1982, however, the Reagan Administration's projections showed widening budget deficits, which culminated in an actual FY83 deficit of $195.4 billion. Despite enactment of the Tax Equity and Fiscal Responsibility Act of 1982, and, more recently, the Deficit Reduction Act of 1984, large deficits are expected to persist, even under continued favorable economic conditions, unless Federal taxing and spending policies are altered dramatically.
Commerical Television Broadcasting: An Economic Analysis of Its Structure and Competitive Alternatives
This report analyzes the economic structure of both the conventional commercial television broadcasting industry as well as the significant commercial competitive alternatives. Federal Communications Commission policies and their effect on the competitive structure and development of the television industry are also discussed.
Conrail: Sell to Norfolk Southern Corporation or Sell to a Group of Investors?
This issue brief discusses that possible forthcoming sale of a large, federally-owned railroad to the holding company of one of the Nation's largest railroads, or sale to a group of investors for later sale to the public through a stock offering.
Corporate Mergers Through Tender Offers: Measurement and Public Policy Considerations
This report provides a perspective on the role of tender offers in corporate mergers and acquisitions and on the nature of financing used to carry them out. Analyzing SEC data on corporate takeovers, it classifies by industry those firms for which tender offers were made in 1979 and 1980 and examines the sources of funds used in these acquisition bids. Comparing SEC data with information compiled by FTC and others, it assesses the importance of tender offers in overall merger and acquisition activity. The report focuses mainly on domestic mergers, but foreign takeovers of U.S. companies also are discussed.
The Divestiture of American Telephone and Telegraph Company: The Impact on Shareholders
This report analyzes the impact which the divestiture of the American Telephone and Telegraph Company (AT&T) will have on the 3.2 million holders of AT&T stock. The method of distribution and the listing and trading mechanics of the shares as well as dividend and tax information are discussed. A brief analysis of initial stock performance based on the first two weeks of trading concludes the analysis.
Energy Efficiency Standards for Appliances: Are They Needed?
The Energy Policy and Conservation Act (EPCA! (P.L. 94-163), as amended by the National Energy Conservation Policy Act (NEPCA) (P.L. 95-619) , requires that energy efficiency standards be established for each of 13 classes of appliances that are major consumers of energy. NEPCA stipulates that such standards "be designed to achieve the maximum improvement in energy efficiency which the Secretary [of Energ'y] determines is technologically feasible and economically justified." The Department of Energy ' announced proposed standards for 8 of the 13 classes of appliances in June 1980 and initiated public hearings on them prior to final promulgation. In January 1981, the DOE suspended this process; after re-studying the proposed standards, it announced in April 1982 a finding that no standards are economically justified.
Gasoline: Public opinion on the shortage
This report gives details about the opinion polls on the shortages and on the possible actions to meet the shortage can illuminate Public views on the debate.
The General Motors-Toyota Joint Venture and Its Competitive Implications
This report reviews the economics of joint ventures by focusing on their implication for market competition. It also reviews the legislative history of mergers and joint ventures with special emphasis on aspects of the law that are directed at reducing market concentration.
Glass-Steagall Act: Commercial vs. Investment Banking
This report discusses debate over reform of the Nation's financial structure in the 100th Congress includes re-examination of "the separation of banking and commerce." This separation was mandated by the Glass-Steagall Act (part of the Banking Act of 1933); and was carried forward into the Bank Holding Company Act of 1956, as amended in 1970 and thereafter. The resulting isolation of banking from securities was designed to (1) maintain the integrity of the banking system; (2) prevent self-dealing and other financial abuses; and (3) limit stock market speculation. By half a century later, the "wall" it created seemed to be crumbling, as bankers created new financial products resembling securities, and securities firms innovated new financial products resembling loans and deposits. The ongoing process of "financial deregulation" has evoked calls for Congress to give depository institutions new powers, especially in the securities field. Financial deregulation in the United Kingdom, Canada, and Japan has put additional pressure on Congress to re-examine this Act. Concerns over a seemingly fragile system of depository institutions persist, however, tending to place counter-pressure on Congress to maintain the Act.
Government printing Reform
This report is about Government Printing Reform, pursued through the recodification of the public printing chapters of title 44, U.S. code.
Health: Catastrophic Health insurance
This report is about catastrophic health insurances.
Health Insurance: The Pro-Competition Proposals
For more than a decade, Congress and the Executive Branch have tried to stem spiraling health care costs through various regulatory actions at the Federal and State levels. Planning laws, for example, focus regulatory attention on the capacity of the health care industry to provide health services. Other laws have created programs to monitor and control the use of services provided to individual patients. Direct wage and price controls were applied to the health industry in the early 1970's and in recent years Congress has debated whether to impose controls over hospital spending in the United States. This report discusses the debate surrounding various approaches to lower health care costs.
Interest Rates Causes and Effects
This report describes about market and policy forces that describe the general level of interest rates and some rules that generally applicable to any economic environment.
The Labor Market of the 1980s: Unemployment Omens in a Growing Economy
This report provides discussion over the nature of job growth, the labor market of the 1980s, and the skill and pay ladder.
The Labor Market of the 1980s: Unemployment Omens in a Growing Economy
This report provides discussion over the nature of job growth, the labor market of the 1980s, and the skill and pay ladder.
Land Disposal Policies of the Principal Federal Land Management Agencies
This report reviews the history of public land disposal and the location and uses of present Federal Public Lands. Land disposal policies and practices of agencies of the Department of Agriculture, Defense and the Interior, and of the General Services Administration are discussed.
The Liability Insurance Controversy
This report discusses liability insurance, as the primary method of managing business related risks that has been recognized as one of the foundations of American comnerce.
The Liability Insurance Controversy
This report discusses liability insurance, as the primary method of managing business related risks that has been recognized as one of the foundations of American commerce.
The Liability Insurance Crisis
This report discusses liability insurance crisis, including complaints from businesses, professionals , and municipalities as well threat of lawsuits.
The Liability Insurance Crisis
This report discusses liability insurance crisis, including complaints from businesses, professionals , and municipalities as well threat of lawsuits.
Mandated Employer Provided Health Insurance
No Description Available.
Merger Tactics and Public Policy
No Description Available.
Mergers: Background and Current Issues
No Description Available.
Persian Gulf Oil Trade: Numbers and Issues
"This report is an overview of the role of Persian Gulf petroleum exporters in world oil supply" (p. iii).
The Sensitivity of Small Businesses to Interest Rates: A Cross-Sectional View
No Description Available.
Small Business and the 97th Congress
No Description Available.
Social Security Financing: A Guide to Sources of Information
This research guide identifies the information sources for the issue of social security financing as well as for a number of specific topics related to this subject.
Solar Energy: The Federal Program and Congressional Interest
No Description Available.
Space Issues
No Description Available.
Space Policy and Funding: Military Uses of Space
No Description Available.
Status of the Justice Department/American Telephone and Telegraph Company Antitrust Settlement: A Brief Overview
No Description Available.
Telephone Industry Issues
No Description Available.
Telephone Industry Residential Subscriber Line Charges and the Lifeline Option
No Description Available.
Three Utility Financing Issues
No Description Available.
Three Utility Financing Issues
No Description Available.
U.S. Defense Procurement Reform: Major Congressional Initiatives
No Description Available.
U.S. Defense Procurement Reform: Major Congressional Initiatives
No Description Available.
U.S. Sales of New Domestic and Imported Automobiles from 1977 through 1984, With U.S. Market Shares of Countries of Origin
No Description Available.
U.S. Sales of New Domestic and Imported Automobiles from 1977 through 1984, With U.S. Market Shares of Countries of Origin
No Description Available.
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