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In 2018, Media Reports Had It That USTelecom, a Lobbying

question 78

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In 2018, media reports had it that USTelecom, a lobbying group that represents major telecommunications conglomerates, had asked federal regulators to stop enforcing rules that allowed smaller Internet service providers to purchase access to their old copper-wire networks at what regulators deemed "reasonable" rates.The smaller companies, however, lobbied to keep the rules in place.How typical is such inter-industry lobbying competition in the United States?


Definitions:

Exact Period

A specific timeframe during which certain actions are to take place or conditions must be met.

Offer Open

A proposal made in business or negotiations that remains valid for acceptance until a specified date or until withdrawn by the proposer.

Sailboat Sale

The transaction process involved in transferring ownership of a sailboat from one party to another.

Counteroffer

A response to an offer in which the original terms are rejected and new terms are proposed, forming part of the negotiation process.

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