FCC Chairman Michael Powell is blunt in assessing telecommunications and broadband laws these days. They're kaput, he says. Finished. Yesterday's mayonnaise. The existing system is "dated--it does not match reality anymore," he said at a conference in Aspen, Colo. today.
This is pretty much conventional wisdom these days. The 1996 Telecommunications Act was aimed at boosting local phone competition, while allowing the Baby Bells into long distance. The Bells have fought the rules forcing their monopolies open at every step of the way, and have largely won. But they've gotten into the long distance business … Read more