Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : The New Qualcomm - a S&P500 company -- Ignore unavailable to you. Want to Upgrade?

To: GO*QCOM who wrote (819)	8/13/1999 8:17:00 AM
From: gdichaz	Read Replies (1) \| Respond to of 13582

Some excepts from a story on FCC's proposal to reorganize itself. For those interested. Suggest others skip. .......The draft plan for reorganizing the Federal Communications Commission by Chairman Bill Kennard seeks to eliminate unnecessary rules in areas where competition has emerged and reorganize the FCC along functional rather than technological lines. The plan comes at a time when some top GOP lawmakers who oversee the agency have sought to revamp its structure and mission. Kennard's proposal hinges on thriving competition in five years, enough to reduce the need for the FCC to regulate directly. .......The plan is subject to revision and parts of it will require congressional approval. .......The new plan would reorganize the agency so that internal bureaus are grouped around functions such as licensing and competition, rather than by technology. Kennard's plan would consolidate enforcement and consumer information into two separate bureaus of the FCC, rather than having those functions spread across the agency. The proposal also aims to streamline and speed up the FCC's services, for example by instituting agency-wide electronic filing and automated licensing systems. Reducing backlog and making greater use of alternative dispute resolution are other goals. The agency would keep many of its existing priorities, such as protecting consumers from fraud and keeping phone rates affordable for the poor. .......Rep. Billy Tauzin, R-La., chairman of the House Commerce Committee's telecommunications panel that has jurisdiction over the FCC, said the plan was good start. But he wants additional measures to refocus the 65-year-old agency on enforcement rather than regulation. ''This is certainly a step in the right direction,'' he said. ''It's also a growing recognition that the FCC, as presently structured, simply isn't working anymore.'' ''But reorganizing the agency isn't enough,'' he said. He said his subcommittee will introduce legislation this fall to ''rein in'' the FCC's authority in areas such as conditioning telecommunications mergers, mandating free air time for political candidates and establishing microradio stations.......... Chaz