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Regulatory Capture

Politics

Net Neutrality Strengthens Monopolies, Invites Corruption

When it imposed its net neutrality rules on the telecom industry, the FCC was fixing a problem that didn’t exist. While proponents of Net Neutrality have long claimed that the regulations are necessary to impose fairness for Internet usage, access to the Internet has only become more widespread and service today is far faster for users—including “ordinary” people—than it was twenty years ago. Nevertheless, when the FCC in recent months—now under pressure from the Trump Administration—announced that it may step back from net neutrality, supporters immediately began claiming that net neutrality was necessary to keep Internet access affordable and “fair.”… Keep Reading

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