Telecommunications Act of 1996
The Telecommunications Act of 1996 was a significant piece of legislation in the United States aimed at promoting competition in the telecommunications industry. It was the first major overhaul of telecommunications law in over 60 years, allowing companies to enter each other's markets and reducing regulatory barriers. This act encouraged the growth of new technologies and services, including the expansion of the internet.
One of the key goals of the act was to enhance consumer choice and lower prices by fostering competition among providers. It also addressed issues related to broadcasting, cable, and satellite services, aiming to create a more integrated and efficient telecommunications landscape.