California wireless customers suffered a blow last week when the state Public Utilities Commission (PUC) voted to approve a pile of harmful regulations. The misleadingly named “Telecommunications Consumer Bill of Rights” is poised to raise mobile-phone bills and tie businesses in red tape. “The PUC has overreached its regulatory responsibilities,” said California Governor Arnold Schwarzenegger in a statement. “This measure will impede growth in the highly competitive wireless industry and could result in companies shifting investments and jobs outside of California.”
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Regulating Telecom Regulators for the Sake of Innovation
Posted by: Sonia Arrison June 4, 2004 06:00 AMCalifornia wireless customers suffered a blow last week when the state Public Utilities Commission (PUC) voted to approve a pile of harmful regulations. The misleadingly named “Telecommunications Consumer Bill of Rights” is poised to raise mobile-phone bills and tie businesses in red tape. “The PUC has overreached its regulatory responsibilities,” said California Governor Arnold Schwarzenegger in a statement. “This measure will impede growth in the highly competitive wireless industry and could result in companies shifting investments and jobs outside of California.”