micl
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join:2001-10-25
Silver Spring, MD
| Good for the lawyers
I don't think all deregulation is bad, but like many have said here, it depends on the industry.
I can tell you that in the case of telecom, deregulation, and then re-regulation with the Telecom Act of 1996 has been very good for the lawyers.
[begin rant]
Too many of the incumbent companies have spent a lot of money on lawyers to figure out how they can interpret the law so that they comply with the bare minimum and perpetuate their monopolies and oligopolies and keep their markets closed... after all, if you are making lots of money, its far easier to pay to keep it that way.
The FCC and many state commissions then simply bury their head in the sand instead of making a real decision in the face of such adversity.
[end rant]
But with some CLECs trying to get a foothold in the market, deregulation would make things far too easy for the RBOCs to perpetuate their monopoly and inhibit any innovation.
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If I don't see you in the future, I'll see you in the pasture |
