Final answer:
The question pertains to the Federal Communications Commission (FCC), which is responsible for regulating various aspects of interstate and international communications technology and networks in the United States, excluding content regulation.
Step-by-step explanation:
Federal Communications Commission (FCC)
The subject in question refers to the Federal Communications Commission (FCC), an independent agency of the United States government. Its mandate involves regulating interstate and international communications by radio, television, wire, satellite, and cable. This includes licensing radio and television stations, as well as regulating interstate telephone and telegraph rates and services. Importantly, the FCC does not govern the content of communications.
When discussing new and emerging technologies, such as the Internet and digital television, the FCC's role is significant yet nuanced. While they maintain statutory power over aspects of Internet service provision, their policy has traditionally been hands-off to prevent monopolies and encourage a free and open Internet.
In the realm of telephony, which includes local, long-distance, and wireless services, the FCC has introduced reforms aimed at fostering competition and preventing local monopolies from exploiting consumers. Deregulation has allowed for more market fluidity and better consumer choice in telecommunication services.