The invisible pimp hand of the FCC keeping Huawei out

The invisible pimp hand of the FCC keeping Huawei out

I've long been a big believer in the Adam Smith invisible hand. The concept that small economic tilt creates huge output affect.

Seems like the current US telecom regulator reads that too. You see, in the US, telecom subsidies (universal service funds) are a big thing for a lot of telecom. And now, if you receive these, you can no longer buy Chinese telecom (Huawei, ZTE) equipment. DOC-349937A1 has a lot more detail, but it seems in this case the invisble hand is a pimp hand!

 

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