1. Briefly explain and discuss the concept of "why telecommunications technologies are to some degree substitutable." Base your response on your understanding of why regulation is necessary in the telecommunications industry.
2. Explain what the FCC is and its role as it relates to the telecommunications industry. What statute created the FCC for the regulation of the Telecommunications industry? What impact and effect does this Act (Statute) have on the telecommunications industry? Base your responses on your understanding of the "The FCC."
3. What is a "natural monopoly" and explain how this concept applies to segments of the telecommunications industry, especially the cable industry. Do you agree or disagree with this concept, as it relates to the cable and MVPD market, give your reasons as to why or why not? Base your response on your understanding of Foundation: "The Emerging Video Marketplace."
4. Outline the "Breakup of Bell: The 1984 Divestiture." Include the fundamental reasoning and premise of the Department of Justice for the breakup of Bell. Base your response on your understanding of "Defining the Telephone Monopoly."
5. There were seven topics that the FCC saw necessary to include in the "Executive Summary" to facilitate completion into the local loop by local Exchange Carriers. Please list the seven topics included in the "Executive Summary." Base your response on your understanding of the Telecommunications Act of 1996 and "The Executive Summary."
6. What is the Federal-State Joint Board and what section of the 1996 Telecommunications Act created it? State the seven principles and recommendations for the Universal service support given by the Federal-State Joint Board. Base your responses on your understanding of "Universal Service and Access Charge Reform."