NEWS                                                         July 8, 1996
                                    
                                    
                                    
            DR. JEFFREY MACKIE-MASON TO BE FOURTH PARTICIPANT
                        IN ECONOMIC SPEAKER SERIES

     Dr. Jeffrey MacKie -Mason,  Associate Professor of Economics, Information and
Public Policy at the University of Michigan, will be the next speaker in the Commission's
Economic Speaker Series. 

     Dr. MacKie-Mason will speak on July 17th, 1996, from 1:00PM-3:00PM in the
Commission Meeting Room, Room 856, at 1919 M Street, NW Washington, DC.  His
presentation is entitled "Layering and Vertical Integration: Applications to Telecom and
Microsoft." 
 
     In this presentation he draws parallels between the network-architecture concept of
layering and the economics of vertical integration, with particular reference to
telecommunications and software industries.  He will accept questions after his presentation.

     Dr. MacKie-Mason holds positions in the University of Michigan's Department of
Economics, the School of Information, and the School of Public Policy.  He is also a Research
Associate at the National Bureau of Economic Research in Cambridge, Massachusetts.

     The presentation will be shown on closed-circuit television throughout the Commission
and it will also be taped.  Video and audio duplications will be available after the presentation
from the Commisson's duplicating service TelSpan International, 301-731-5355.

     For more information or to make a reservation, please call Meribeth McCarrick at 202-
418-2043.  



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