Our Honorary Chairman Rick Boucher and Co-Chairman Bruce Mehlman have penned an op-ed for Politico on the need to free telecommunications companies from outdated regulations. Here’s a taste:
One of the most egregious monopoly-era regulations still on the books is the requirement that legacy carriers continue maintaining legacy copper networks and leasing them to their competitors at below-market rates. While these rules made sense at the dawn of the Internet era when little, if any, competition existed and telephone networks had been built via government-guaranteed rate-of-return exclusivity, they have long been overtaken by events. Today these regulations from the past century result in a misallocation of resources. And they perpetuate free-rider business models that diminish investment in networks and hinder innovation in telecom services.
You can read the full op-ed over at Politico.