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1. (TCO A) Given your understanding of TCO A and Why Regulation is necessary in the telecommunications industry, explain and discuss briefly the Principal Features

1. (TCO A) Given your understanding of TCO A and "Why Regulation is necessary in the telecommunications industry," explain and discuss briefly the "Principal Features of the 1927 Act" and its focus on private ownership of the airwaves vs. government ownership. NOTE: Answer may be between 10 to 15 lines (or two paragraphs)

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