Less regulation is almost always better. And regulation that solves an issue which has yet to be a problem is not good governmental intervention.
@cableok
I believe I saw you post in favor of the repeal of NN months ago and you seemed to talk with expertise.
As a novice reading about it, it seems like the benefits for the companies are plentiful and the benefits for the consumers are less so. Am I mistaken? Correct?
If I have the poster wrong, I apologize.
First, we should clarify net neutrality versus what was imposed under the Obama FCC in May 2015. What the FCC approved a little over 3 years ago was a Title II classification for ISPs along with new net neutrality regulations. That Title II classification was written in 1934 for the telephone company. Net neutrality wasn’t really something the major ISPs disagreed with (although the Obama FCC expanded on what net neutrality should be). What ISPs did not like was the Title II regulations. Title II regulations come with the ability of government oversight on rates.
Second, I need to state my bias. I am a libertarian on most issues and am against most governmental regulations that don’t apply to public safety. Also, I have been in the telecom industry for my entire adult life and formerly owned a small ISP.
So now my thoughts: I think the Obama FCC regulations in 2015 were absolutely horrible. I believe those regulations were unnecessary, potentially would have decreased growth and investment, and stifled competition.
Unnecessary: The internet has been publically consumed by a majority of citizens for 20 years. Some of the best innovation and technology leaps have been experienced during that time. The internet was working great. ISPs were not blocking traffic that required a heavy-handed regulation set. Besides the government wanting to pick and choose winners and losers, why the need to implant burdensome regulations now?
Infrastructure investment: A FCC study showed that investment in telecom infrastructure fell by around 16% over two years. From the companies I worked with I didn’t see much initial pull-back, but I have no doubt that some builds would have been decreased if not for a change in FCC leadership.
Stifle competition: As a small ISP owner, the net neutrality rules favor the status quo. Also, I would argue that they stifle product innovation. You may not know this but YouTube and Netflix account for about 67% of the Internet data traffic carried in the United States. That large amount of data eats up a lot of bandwidth that ISPs are offering. But let’s say I wanted to be enterprising and offer a low price high speed internet service to my customers, but I would disclose that Netflix and YouTube were not available. That service may have strong appeal to senior citizens who desire high bandwidth services for video chat, remote virtual vacations, FaceTime with relatives, and security cameras. But the way the May 2015 FCC rules defined net neutrality that offering would be illegal. Why should the government be creating regulations to keep the innovation funnel clogged?
Here is a fantastic Forbes article that I have forwarded many times to others. It is well written, accurate, and describes why the Obama definition of net neutrality was bad.
https://www.forbes.com/sites/jeffre...dea-supported-by-poor-analogies/#54a07284dc8f