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Acknowledgments | xi | |
Introduction | 1 | |
The Natural Experiment of the Telecommunications Act of 1996 | 2 | |
Structure of the Book | 3 | |
1 | Separation of Powers and Dashed Expectations | 5 |
History of the Separation of Powers | 6 | |
The Other Benefits of Separation of Powers | 8 | |
The Rule of Law | 9 | |
Reinforcement of Democratic Institutions | 10 | |
The Efficiency of Governmental Services | 10 | |
Isolated Agencies without Separation of Powers | 11 | |
A Charmed Life | 12 | |
Separation of Powers Matters, Even in Isolated Agencies | 13 | |
2 | The Ancestry of the FCC | 15 |
Expansive Power under the Communications Act of 1934 | 15 | |
Concentration of Powers and the FCC | 17 | |
The FCC Evolves over Time | 19 | |
Congress Considers Revising the Communications Act of 1934 | 20 | |
The Consent Decree Problem | 21 | |
The Unending Bureaucracy Problem | 23 | |
The Technology Retardation Problem | 24 | |
The Antitrust Problem | 25 | |
The False Scarcity Problem | 26 | |
The Cost-Accounting Problem | 27 | |
The Cable Problem | 27 | |
The "Public Interest" Problem | 29 | |
Subtle Problems | 30 | |
3 | The Telecommunications Act of 1996 | 31 |
Solutions | 31 | |
February 8, 1996 | 33 | |
A Triumph of Individuals over Government | 34 | |
August 8, 1996 | 35 | |
No Branch of Government to Discipline the FCC | 36 | |
The Bubble Bursts | 37 | |
Causes of Boom and Bust | 39 | |
Benign Explanations | 39 | |
Bad Behavior | 40 | |
Bad Implementation of a Law | 41 | |
The Core of the Problem | 42 | |
4 | The Courts and the Administration Will Not Discipline the FCC | 45 |
The Supreme Court Holds That Congress, Not Courts, Must Discipline the FCC | 46 | |
Iowa Utilities Board Sanctions FCC Discretion as Residual from the Communications Act of 1934 | 47 | |
Chevron Deference Reinforces Combined Powers of Government | 49 | |
Despite the Courts, the FCC Limits Speech | 53 | |
The Administration Will Not Interfere with the FCC | 54 | |
The FCC Is Left Alone to Divine Congressional Intent | 55 | |
5 | Congress Will Not Discipline the FCC | 59 |
Congress Is Ill Equipped to Discipline the FCC | 59 | |
Congress Has Limited Means to Ensure That Its Intent Is Carried Out | 60 | |
The FCC Provides Plausible Deniability to Congress | 66 | |
The FCC Cannot Discipline Itself | 67 | |
6 | Individuals Do Not or Cannot Discipline the FCC | 69 |
Problems Associated with Insulation from the Public | 70 | |
Unresponsiveness to Citizen Concerns | 71 | |
A Hidden Tax | 72 | |
Merger Reviews | 73 | |
The Exception That Proves the Rule | 74 | |
Combined Powers Make Individuals Reluctant to Take Disputes to the FCC | 76 | |
7 | Sloppy Rulemaking | 78 |
Rules That Kept Power at the FCC for Enforcement and Adjudication | 79 | |
A History of Written and Unwritten Rules Facilitates Sloppiness | 80 | |
The "Public Interest" as Authority | 81 | |
Hidden Taxes | 82 | |
A Poor Track Record in Court Has Done Little to Improve Rulemaking | 84 | |
Consequential Costs for Both Businesses and Consumers | 89 | |
Combination of Powers and Sloppy Rules | 91 | |
8 | Unpredictable FCC Rules and Communications Law | 92 |
Uncertainty and Delays from Sloppy Rules | 93 | |
Uncertainty of Enforcement | 98 | |
Uncertainty of Adjudication | 99 | |
Loss of Valuable Time | 100 | |
The Costs of Negotiations and Settlements as a Result of Uncertainty | 102 | |
9 | An Appearance of Discriminatory Treatment by the FCC | 104 |
Discriminatory Enforcement | 105 | |
Methods of Detection | 105 | |
Standards of Enforcement | 108 | |
Discriminatory Adjudicatory Proceedings | 109 | |
Merger Review Activities at the FCC | 109 | |
BOC Section 271 Reviews | 116 | |
Waivers | 118 | |
The CALLS Proceeding | 119 | |
10 | The Miracle of Compound Interests | 125 |
Auctions | 126 | |
Peculiar Financing | 127 | |
The C Block | 128 | |
A New FCC-Where There's a Will There Must Be a Way | 130 | |
The Market Turns | 132 | |
Eureka! | 133 | |
Regulatory vs. Fiduciary | 135 | |
Collateral Damage | 136 | |
Re-auction | 138 | |
The D.C. Circuit Court Opinion | 141 | |
Welcome to the Sausage Factory | 142 | |
The Market Collapses Again | 143 | |
Conclusion | 145 | |
Results of the Natural Experiment | 146 | |
A Cautionary Tale | 147 | |
Failure to Separate Powers | 148 | |
How to Improve the Situation | 150 | |
Appendix | 152 | |
Notes | 158 | |
Index | 181 | |
About the Author | 193 |
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