Politics is the art of the possible. By that standard, Congress deserves a pat on the back for passing the Telecommunications Act, after many years of trying. The new law is a step in the right direction. But it is not the deregulatory revolution that the victory bulletins emanating from Washington proclaim. This view is steeped in the belief that reality in the information sector is shaped by Washington legislation rather than the other way around. According to an article written by Joseph Nacchio, CEO of Qwest Industries titled, Communications Acquisitions, he stated, " Much of what the law claims to accomplish has been happening anyway. Take competition in local telephone service, the keystone of the Act. The fact is that local telephone competition has already been instituted around the country by most important states, and with many of the other states well on the way to doing so, too. The new Act merely extends this kind of competition to the slower-moving states. "(Nacchio, 2000, pg 4)…
