Jan 24th 2005
By: Luke
By: Luke
Powell quits as FCC Chairman after four years
Michael Powell, Chairman of the FCC, resigned on Friday.
FT Comments - “Under Mr Powell, the FCC applied light regulation to the cable industry as well as telephone companies. But his efforts to liberalise media ownership rules proved unsuccessful. The 41-year old son of Colin Powell, outgoing secretary of state, successfully pushed through rules to deregulate some forms of high-speed internet access and internet-based telephony, but he suffered defeats over telecoms and media policy.”
I am sure that Russ and others will give us a full analysis with tips for possible successors.
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