47 U.S.C. § 161
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- (a)In every even-numbered year (beginning with 1998), the Commission—
- (1)shall review all regulations issued under this chapter in effect at the time of the review that apply to the operations or activities of any provider of telecommunications service; and
- (2)shall determine whether any such regulation is no longer necessary in the public interest as the result of meaningful economic competition between providers of such service.
- (b)The Commission shall repeal or modify any regulation it determines to be no longer necessary in the public interest.