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With passage of the historic Telecommunications Act of 1996 earlierthis year, many in Congress, the media, and the public have beenled to believe that the long-awaited task of communicationsderegulation has been completed. Nothing could be further from thetruth.
Introduction Deregulation of the $200 billion U.S. electricity sector is advancing at both the federal and state levels through a variety of liberalization plans and policies. These proposals share a common goal: bringing competition to the electricity market by guaranteeing customer choice in service. But they differ with respect to their strategies on:
In a recent speech at the American Enterprise Institute, outgoingFederal Communications Commission Chairman Reed Hundt echoed theconcerns of countless policymakers when he asked, "is it [theTelecommunications Act of 1996] working?"
It is our pleasure, therefore, that those prices, which the concise items in the following list indicate, be held in attention throughout our whole domain, in such a way that all men understand that freedom to exceed them is removed.