Net Neutrality: Is Antitrust Law More Effective Than Regulation in Protecting Consumers and Innovation?
by Robert M. McDowell
June 23, 2014
The success of the Internet as the fastest growing disruptive technology in human history was the direct result of the government keeping its hands off. Proponents of new Internet regulations would like to see the Communications Act of 1934, designed for copper-wire Ma Bell phones of yore, foisted on the Internet under the moniker of “net neutrality.” Such a development would be a devastating blow to the technology sector of the American economy and, more importantly, to American consumers. It would create uncertainty, hinder innovation and investment, and expose the Internet ecosystem to the risks of unintended consequences. A better path would be to rely on time-tested antitrust and consumer protection laws.