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Authorizes the Attorney General to issue rules to establish requirements applicable to the form and contents of applications, and to make recommendations regarding withdrawal of applications or the filing of an application subsequent to withdrawal.
Prohibits the Attorney General from approving an application upon determining that the applicant: (1) has monopoly power in the local exchange market; and (2) is using or is likely to use its monopoly power in order to engage in exclusionary or other anti-competitive conduct. Authorizes the Attorney General, upon making such determination, to reinstate with respect to such applicant any Federal regulation in effect as of June 13, 2001, which the Attorney General determines was designed to protect against exclusionary conduct or other abusive monopoly power.
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