How did the Federal Communications Commission play a role in the development of the radio industry in the US??

What will be an ideal response?

ANSWER:
The Communications Act of 1934 established the Federal Communications Commission (FCC) to regulate communications. The FCC was responsible for a 50 year-long investigation into how Ma Bell and other companies were able to create and maintain monopolies. Eventually, it enacted antitrust legislation that broke up monopolies in the telecommunications sector.