reply to IowaCowboy
Re: Its going to take an activist judge to do the trick It was Bill McGowan of MCI and William Baxter of the DoJ who brought the case to Judge Greene and paved the way for horizontal disintermediation. All 3 deserve credit. You would need a similar cast of characters to accomplish vertical disintermediation. Horizontal disintermediation was possible, doable and acceptable because of the highly inefficient subsidies built into the phone system. Vertical distintermediation is a lot more difficult to pull off and requires a horizontal framework of exchanges and intranets (companies) broadly in the lower, middle and upper layers.