How would Internet Regulation affect investment in broadband?
Crafting Internet Regulation to correct a problem that doesn’t exist is a task fraught with peril. Even assuming appropriate regulations could be written – and because this is an area of rapid technological change, that assumption is unwarranted – they would still lead to uncertainty as to their actual application. They would also lead to the creation of a new bureaucracy to apply such rules and add layers of additional costs for dealing with the regulations and bureaucracy. Such costs might be undertaken were there real world problems that needed government intervention to remedy. But again, where no one has yet identified such problems, where such regulations would likely increase costs and stifle innovation, and where there is a vigorously competitive marketplace, there is simply no reason to take such an enormous risk. If this legislation is such a bad idea, who’s behind it? Some of the loudest proponents of Internet Regulation are large companies, like Google and Yahoo!, that are
