Telecommunications Act of 1996
Also known as: Public Law 104-104
Community · Dot-com bubbleThe Telecommunications Act of 1996 is a United States federal law enacted by the 104th United States Congress on January 3, 1996, and signed into law on February 8, 1996 by President Bill Clinton.
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legislative catalyst for internet infrastructure investment
This act deregulated the telecommunications industry, leading to massive over-investment in fiber-optic infrastructure that became a core component of the dot-com speculative boom.