Revolutionary innovation and competition have shaken up the telecommunications sector, prompting at least three important mergers. Government officials who set the rules of the game are now faced with key decisions that will affect the future of communications in America.

Today, the DOJ approved the SBC/AT&T merger, but some states, such as California, are dragging their heels. At both levels of government, self-interested competitors and profiteering interest groups are predictably calling for handouts and unfair hand-ups.

Read more here.