The Internet: fun while it lasted
Article Abstract:
The US government has formed a task force, headed by Ira Magaziner, to regulate the Internet. Magaziner maintains that the task force is operating under the premise that the Internet will function optimally within a nonregulatory environment, and he claims that their goal is to maintain the free environment of the Internet. Magaziner says that the task force's primary function is to develop a 'uniform system of Internet commerce.' A section of Magaziner's draft policy paper addresses the creation of a tax-collection system that will benefit from the revenue generated within the $500 million on-line commerce market. Magaziner admits to seeing a need for maintaining records of all Internet transactions. Other matters of business Magaziner plans to address regarding business transactions over the Internet include electronic signature debates and contract and liability dilemmas.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1997
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FCC is expected to reject Ameritech plan
Article Abstract:
The FCC is expected to deny Ameritech's application to provide Michigan with long-distance telephone service. The FCC's formal rejection is expected to include information concerning what requirement must be met by the Baby Bells in order for the FCC to grant them admission into the long-distance telecommunications industry. A 200-page will be presented to Ameritech by the FCC to provide greater incite on the governments expectations. The electronic processing of switching customers to different phone companies is one of the areas that will be addressed. Ameritech argues that it has met Congresses requirements to enter the long distance market. The company sites the processing of thousands of customer requests to change phone companies as an example of having opened up its market.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1997
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FCC rules on local phone networks are thrown out by Appellate Court
Article Abstract:
The US appeals court in St Louis ruled against the FCC's demand for local phone companies to open up their networks to competitors. The court stated that the FCC was impeding the states from implementing key portions of the 1996 Telecommunications Act. The decision by the St Louis court was a victory for GTE and the Bell companies, as it reinforces the states' power to set wholesale prices for network access. The court also rejected a FCC rule that called for local phone companies to offer every company network elements at the same price. The settlement of interconnection and arbitrate pricing disputes between the local phone companies and their rivals has also been dismissed by the appeals court. The FCC is particularly unhappy with the loss of that particular provision.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1997
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