a compromise for the future

In the past, U.S. policy towards big industry has been aimed at giving the average consumer an edge against those companies that seek to reap the profits of business by digging deep into the pocket books of Americans. The first industry to be targeted by regulatory policies was the railroad industry. Starting with the creation of the Interstate Commerce Commission in 1887, the government decided to try and prevent the monopolistic exploitation of passengers by limiting fares and routes as well as entrance into

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This step triggered the outcome of new innovations in technology that enabled companies to compete for long distance service.

The auto industry is also forced to include certain safety features that have driven up production costs. Although these policies cause the companies to have higher costs of doing business, at least we can feel safe drinking water from a faucet or taking a swim at the beach.

As the 21st century begins, there are new concerns that must be addressed. A century later, this became a matter for deregulation because railroads were not able to compete with these alternate forms of transportation that arose. By 1990, average long distance rates fell nearly forty percent. These policies are social regulations. Companies must adhere to strict guidelines that limit the amounts of emissions that they discharge into the atmosphere and into our nations waterways. So, the government deregulated the industry, and the cable rates increased dramatically. This would force them to be more competitive. We live in a time that is witnessing an unprecedented surge in technology and innovation. The launching of communications satellites made it much easier and cost efficient for other companies. There are many things on the horizon that could change everything. Then, the anti-trust laws were imposed on the company, and it was broken into a network of what has become known as "the baby bells".

Common topics in this essay:
Direct TV, Commerce Commission, Future America, regulatory policies, cable companies, cable industry, social regulations, railroad industry,

Approximate Word count = 1034
Approximate Pages = 4 (250 words per page double spaced)

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