Abstract

In 1982 the FCC authorized the sale of satellite transponders. This paper examines the economic effects of that decision through 1984, makes a short‐term projection to 1987, and concludes that the FCC has achieved its goals of stimulating the industry and increasing transponder supply. It is argued that there will be no adverse effects on important policy goals such as access, diversity of programming, and the public interest in a viable video infrastructure.

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