Table 3.1. Regulatory Highlights
|Landmark Acts and Court Rulings||Summary of Acts and Rulings|
|The Federal Communications Act of 1934||Congress created the Federal Communications Commission and gave it the authority to regulate interstate telephone, radio and telegraph companies.|
|The 1956 Consent Decree||The Justice Department allowed AT&T to keep its monopoly but restricted it to common carrier functions. The Consent Decree mandated that any patents developed by Bell Labs, then AT&T, be licensed to all applicants requesting them. This led to microwave technology's availability to MCI and the ability of competitive carriers to build long distance networks.|
|The 1969 MCI Case||The Federal Communications Commission ruled that MCI, then known as Microwave ...|
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