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www.bennetlaw.com What is a Franchise? • Two Observations Flow From This Definition: • 1.Federal Franchise Requirement Can Be Satisfied Easily 2. 2.State & Local Governments (LFAs) Are Given Wide Latitude To Define Franchise Obligations and Scope of Franchise Based On State And/Or Local Laws Within CA Parameters: lNon-Exclusive lReasonable Construction Deadlines for Non-Incumbent lLFA Can’t Require, Prohibit, Condition, Limit or Restrict Provision of Telecom Services