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"..the advent of the information economy has turned the FCC from a minor D.C. player into one of the government's most powerful agencies. As the de facto czar of the nation's communications infrastructure, the commission now makes daily decisions affecting America's technological destiny-reviewing megamergers like AOL Time Warner union, evaluating the Baby Bells' expansion plans, determining whether cable companies should decide what Web content their Internet customers can view. And no one appreciates the FCC's newfound authority better than the communications industry, whose lobbying expenses now stand at roughly $125 million, more than twice the amount spent by defense firms."

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