This note reports an evaluation of the impact of broadband deployment on average compensation levels, after accounting for the moderating impact of large, medium, and small levels of horizontal shareholding among US telecommunications firms. The moderating effect of large asset control on broadband deployment does not lead to any significant impacts on the technology diffusion and compensation relationship, but the moderating effect of medium asset control on broadband deployment leads to significantly negative impacts. The moderating effect of small asset control leads to a significant positive impact; overall, the net outcomes of labor market oligopsony have been significantly negative.

中文翻译：

---

横向持股、技术和薪酬：评估

本说明报告了宽带部署对平均薪酬水平的影响的评估，其中考虑了美国电信公司之间大、中和小水平的横向持股的缓和影响。大资产控制对宽带部署的调节作用不会对技术扩散和补偿关系产生显着影响，但中型资产控制对宽带部署的调节作用导致显着的负面影响。小资产控制的调节作用产生显着的正向影响；总体而言，劳动力市场寡头垄断的净结果显着为负。