Consumers Rejoice!!!

 

Yesterday’s Department of Justice FCC NOI filing on net neutrality is yet another blow to Internet regulation proponents.

“However well-intentioned, regulatory restraints can inefficiently skew investment, delay innovation, and diminish consumer welfare, and there is reason to believe that the kinds of broad marketplace restrictions proposed in the name of ‘neutrality’ would do just that with respect to the Internet,” the DOJ said.

We couldn’t have said it better ourselves.

Important new technologies like telemedicine and emergency response services need high-quality, dependable networks without government regulation—networks that are currently flourishing in the United States due to well-targeted investment in infrastructure and technology. Net neutrality regulation would chill that investment and, more importantly, chill the innovation in broadband applications that have improved the quality of life for so many Americans.

As we’ve pointed out before here on NextGenWeb, there’s no evidence of market failure. As my colleague Jonathan Banks wrote back in June, “In the land of hypothetical harms, what need is there for real world rules?”

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