VoIP, A New Legal Regime

I originally wrote this entry on August 12, 2004 and published it on blogs.sun.com.

VoIP	regulations are likely to be revamped, writes Rep. Rich Boucher of Southwest Virginia.

Rep Boucher, guest blogging at LessigBlog, describes some of his efforts in the Congress to revamp VoIP regulations within the context of a new regulatory regime to follow the Telecommunications Act of 1996.

Under the ideal circumstances, all such regulations should primarily develop possibilities for commerce in ways that best reduce transaction costs.