December 22, 2010

Net Neutrality regs will fall victim to special interest, hurting consumers

Adam Thierer

Senior Research Fellow

The net neutrality regulations passed yesterday by the FCC will be extremely difficult to enforce and ultimately hurt consumers because of special interests.

Regulation is prone to excessive special interest influence, causing companies to push the customer to second place below the FCC.  All the wishful thinking in the world isn’t going to change the reality that any government agency or process big enough to control our economy will be prone to influence by the those most affected by it.

As more law and regulation is created, more lawyers, consultants, and economists are needed to figure out what it all means and how it all works.  When they disagree about what it means and how it works, that leads to more congressional hearings and bills, more FCC inquiries and rulemakings, and then more lawsuits and court cases to adjudicate it all.