OGC, OEA Memo Formalizes Economic Analysis Procedures
The Office of Economics and Analytics and Office of General Counsel released a memo formalizing procedures for incorporating OEA analysis into FCC decisions, said a release Thursday. “This memorandum lays out a systematic way to incorporate economic analysis into Commission…
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actions that can have a significant impact,” said Chairman Ajit Pai. The document focuses on rulemakings with an impact of $100 million or more, which, under FCC rules, require a “rigorous, economically-grounded cost-benefit analysis” from OEA. Though the memo concentrates on major rulemakings, the analyses it describes also apply to lesser ones.