I think that the FCC under Michael Powell would've approved this with nary a second thought. His M.O. was paying lip service to the disruptive adaptive powers o

I think that the FCC under Michael Powell would've approved this with nary a second thought. His M.O. was paying lip service to the disruptive adaptive powers of free markets and modern technology when people accused him of unfairly granting natural monopolies. IIRC this happened when he exempted cable ISPs from common-carrier regulations.