Yesterday Broadband for America released a study supporting continued regulatory hands off approach to the Internet. Here are some of the reports take-aways:
• Being unregulated has helped the Internet grow and expand in the face of “demand that is not just explosive in volume but unpredictable in type. Supply has unfailingly met demand, at ever-lower prices.”
• Regulated telecommunications services have been hurt by delay and rigidity. “The Internet’s responsiveness and adaptability stands in stark contrast to the rigidity created by the regulatory compensation regimes that have stifled conventional telephony. […] What makes the Internet so effective is not just its own simplicity and adaptability, but the absence of externally imposed rigidity.”
• Regulation will get in the way of innovation. “Any attempt to impose economic regulation on the Internet is likely to slow not only its own evolution but the innovation at the edge that depends on the Internet’s core.”
• “Were the Internet subjected to economic regulation, investors would expect slower growth and less responsiveness not only in the market for infrastructure, but in the edge markets for services, applications and devices that rely on it. Funding the Internet’s infrastructure would become more difficult.”
