A Tough Act to Follow?: The Telecommunications Act of 1996 and the Separation of Powers

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AEI Press, 2006 - Law - 193 pages
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The telecommunications bubble burst in 2001 was almost certainly the largest financial collapse of any one sector in American history. Many blamed the collapse on the Telecommunications Act of 1996 - which was supposed to allow practically any company to offer communications and other services in a field where regulators had long forbidden competition. But if the law were so bad, why did the telecommunications stock market skyrocket for the first four years after its passage?

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Contents

Separation of Powers and Dashed Expectations
5
The Ancestry of the FCC
15
The Telecommunications Act of 1996
31
Copyright

12 other sections not shown

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About the author (2006)

HAROLD W. FURCHTGOTT-ROTH is Senior Economist, Economists Incorporated, Washington, D.C., where he has concentrated on economic issues in international trade, telecommunications regulation, taxation, and intellectual property.

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