
Telecom Act 1984
The Telecommunications Act of 1984 was a law that regulated the U.S. telecommunications industry, breaking up the Bell System monopoly to encourage competition. It aimed to foster innovation, lower prices, and improve services by opening the market to new companies. The act also established regulatory guidelines for licensing and managing telecommunications services, promoting a more competitive and efficient industry. Essentially, it transformed the telecommunications landscape, making it easier for multiple providers to operate and offering consumers more choices and better services.