Why deregulating internet service makes sense

[Commentary] Like all major government efforts to deregulate industries, from telephones to airlines, the Federal Communications Commission’s move to do away with net neutrality is destined to have a major impact. We think consumers will benefit because increased competition is a greater spur to technological innovation than government fiat.

Two important points to keep in mind: First, deregulation will not usher in a digital chaos. The FCC and Federal Trade Commission will still have oversight responsibilities. Second, net neutrality is a new concept promulgated by the Obama administration. The internet operated without these restrictions previously without adverse effects. If deregulation doesn’t work, it can be modified or reversed. Congress also can weigh in. But let’s give innovation and competition a chance. Anyone who claims to know exactly how this proposal plays out, and who’ll win and lose, is relying on preconception. Deregulation could be the best thing since cat videos.


Why deregulating internet service makes sense