The Telecommunications Act of 1996, the first major regulatory overhaul of telecommunications since 1934, was designed to __________.

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The Telecommunications Act of 1996 was designed to decrease regulation and increase competition in the telecommunications industry. This legislation opened up the market to more competition by allowing new players to enter the market and providing a more level playing field for all telecom companies. The Act also sought to promote innovation and investment in new technologies, while also protecting consumer interests.

The Telecommunications Act of 1996, the First Major Regulatory Overhaul