The main impact of the Telecommunication Acts are computers, mass media and information industries have grown tremendously in their industries. It was supposed to allow competition and continue technology changes, which would help the prices go down but unfortunately that did not happen and phone companies are becoming like monopolies.
In addition, it was also intended to help smooth out ownership laws and restrictions which would have allowed free markets to do well. Cable providers are offering competitive rates, which do not allow other smaller companies to gain any business. The Supreme Court let cable companies out of an agreement so they can allow other providers the ability to gain access to their network. We will have to watch out for the Telecom Act and hope that it does not raise inflation.
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