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Saturday, April 9, 2011

postheadericon FCCâs overreaching power grab harms innovation, investments and jobs

The Internet’s innovation and success is unmatched and since its inception, it has thrived without government interference. The Federal Communications Commission nonetheless ruled in December to impose Internet regulations, even though Congress has never authorized it to do so. There is also no crisis warranting such intervention.

The Energy and Commerce Committee has repeatedly asked the FCC to provide an economic and market analysis to demonstrate its rules are warranted and would not cause harm to the currently open and thriving Internet. The FCC’s response was lacking. Rather than show an actual problem to support its brazen power-grab, the FCC relied on speculation of future harm.

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