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Telecom Act of 1996

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Of special note is Goldstein's analysis revealing that the dysfunctional elements that would lead to the boom-bust cycle crash of the telecommunications industry began long before the Telecom Act of 1996 (itself a belated, overly compromised reaction to an obsolete regulatory model).
The Telecom Act of 1996 has been a creation of total chaos," said A.
As the first major overhaul of telecommunications law in almost 62 years, the Telecom Act of 1996 affects telephone service (local and long distance), cable programming, broadcast services (including radio) and services provided to schools such as computer equipment or basic wiring.
 
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