The FCC's Heavy Hand

[Commentary] Last week, Federal Communications Commission Chairman Julius Genachowski failed to convincingly answer the most important Network Neutrality question of all: Is this intervention necessary? Chairman Genachowski offered two proposals to combat alleged ISP misconduct. One should be embraced, the other shelved. Chairman Genachowski claims that the FCC "will do as much as we need to do, and no more, to ensure that the Internet remains an unfettered platform for competition, creativity and entrepreneurial activity." He will advance this goal by insisting on transparency; he will jeopardize it -- and stifle further investments by ISPs -- with attempts to micromanage what has been a vibrant and well-functioning marketplace.