Final answer:
The FCC has changed its approach to regulation in various ways over time, including gaining authority to assign frequencies and set national standards. The commission has also adapted its approach to new technologies while maintaining its power to regulate aspects like pricing and competition.
Step-by-step explanation:
The Federal Communications Commission (FCC) has changed its approach to regulation in several ways over its history. Initially, the FCC had little legislative control over the radio industry, leading to tuning problems and overlapping frequencies. However, the Communications Act of 1934 created the FCC and gave it the authority to assign frequencies and set national standards. Over time, the FCC has also adapted its approach to new technologies, such as the Internet and digital television, adopting a largely hands-off approach while maintaining the power to regulate aspects like pricing and competition.