Matthew Belvedere

The Trump administration's approach to a fair and open internet seeks a compromise between too much regulation and too little, said Federal Communications Commission Chairman Ajit Pai. "Some people said that we should maintain the rules we had, the heavy-handed regulations that were based in the 1930s," he said. "Others said we should wipe the slate clean, have no regulations whatsoever. We charted a middle course."  Chairman Pai said that he's looking to counter the "misinformation" that's produced this is the "'end of the internet as we know it'" type headlines.

AT&T Chairman and CEO Randall Stephenson said it makes no sense for the government to oppose the telecommunications giant's $85 billion buyout of Time Warner on the grounds that content distributors and content creators under the same umbrella would be anti-competitive.  He said major technology firms such as Netflix and Amazon are allowed to do the same thing. "Reality is, the biggest distributor of content out there is totally vertically integrated. This happens to be something called Netflix.