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
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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Separation of Powers and Dashed Expectations
The Ancestry of the FCC
The Telecommunications Act of 1996

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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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