Reed Hundt, a former chairman of the Federal Communications Commission, is reflected in the adoption and implementation of the Telecommunications Act of 1996. The law was designed to promote competition and innovation in the field of telecommunications. Its provisions are important for industry participants and the general public, which has led to vigorous lobbying. This note provides background information on the historical conflict between the monopoly local telephone companies and long distance carriers, the description of the inner workings of the FCC and political pressures facing the Commission, the description of the main provisions of the Act, the assessment of how well the law met its goals, and reflections on the problems Hundt faced by the regulator in the search for a balance between private interests and public responsibility. "Hide
by Thomas R. Eisenmann, Dan J. Green 13 pages. Publication Date: January 29, 2002. Prod. #: 802144-PDF-ENG
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