The Telecommunications Act of 1996 is the first major overhaul of telecommunications law in almost 62 years. This new rule aims to open up all communications businesses to everyone, allowing them to compete in any market against one another.
What was the main result of the Telecommunications Act of 1996?
The measure drastically lowered restrictions on cross-ownership and media concentration. Deregulation reduced competition and made it possible for businesses like AOL/Time Warner and Viacom to acquire several media outlets in local communities.
What did the Telecommunications Act of 1966 do?
The purpose of the law, according to the Federal Communications Commission (FCC), was to "let anyone enter any communications business - to let any communications business compete in any market against any other." Deregulation of the convergent broadcasting and telecommunications markets was the main objective of the legislation.
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