Comment So who is liable for our $300 billion refund? (Score 4, Interesting) 449
I haven't kept up with the laws the last decade but the ILECs - incumbent local exchange carrier - were the equivalent of government mandated monopolies. Telco reform act of '96 forced the ILECs to share the publicly paid for infrastructure with startup phone companies. The Internet exploded with thousands of ISPs popping up. This was rolled back under Bush Jr when Powell's son was running the FCC. I wonder if this means other companies can move into these abandoned areas without the ILEC screaming like crazy?