With debate on an optional federal charter for insurance companies about to begin in Congress, the question of whether insurance rates should continue to be regulated at the state or federal level is bound to become a major issue. Since the Carter administration, government-controlled rates for services in many areas of the economy have been deregulated. The results in these cases have generally been favorable for consumers, as the resulting competition has driven down prices, provided better services, or both. Panelists at this conference will consider the results in five of the many sectors of the economy in which rate deregulation has occurred: securities brokerage, insurance, cable television, banking, and trucking.