[§269-38]  Regulatoryflexibility for effectively competitive services.  The commission may allowtelecommunications carriers to have pricing flexibility for services that thecommission finds are effectively competitive; provided that the rates for:

(1)  Basic telephone service and for services that arenot effectively competitive are cost-based and remain just, reasonable, andnondiscriminatory; and

(2)  Universal service is preserved and advanced. [L1995, c 225, pt of §2]