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A competitive local exchange carrier (CLEC), in the United States and Canada, is a telecommunications provider company (sometimes called a "carrier") competing with other, already established carriers, generally the incumbent local exchange carrier (ILEC).
The word "incumbent" is derived from the Latin verb incumbere, literally meaning "to lean or lay upon" with the present participle stem incumbent-, "leaning a variant of encumber, [1] while encumber is derived from the root cumber, [2] most appropriately defined: "To occupy obstructively or inconveniently; to block fill up with what hinders freedom of motion or action; to burden, load."
An incumbent local exchange carrier is a local exchange carrier (LEC) in a specific area that on the date of enactment of the Telecommunications Act of 1996 , provided telephone exchange service on the date of enactment, was deemed to be a member of the National Exchange Carrier Association pursuant to the Code of Federal Regulations (C.F.R ...
After a thorough evaluation of WLAN solutions from its incumbent vendor, Cisco Systems, and Aruba Networks, The MED determined that Aruba could best meet its needs.
With 53 seats in the next Senate, the GOP is well positioned to do Trump's bidding. Otherwise, incumbent senators may have to risk their political careers to oppose some of Trump's selections.
On the horizon. A brief survey of upcoming elections suggests 2025 may be equally hard for incumbents in democracies. After failing to hold his coalition together for a full term, German ...
But in contrast to a Dutch auction format, Japanese auctions do not put what one Dutch auction users describes as "maximum psychological pressure" on the supply base and especially on the incumbent suppliers. This can put the buyer in a better position regarding with potentially earning more than he should based on the market. [28]
Because barriers to entry protect incumbent firms and restrict competition in a market, they can contribute to distortionary prices and are therefore most important when discussing antitrust policy. Barriers to entry often cause or aid the existence of monopolies and oligopolies, or give companies market power. Barriers of entry also have an ...