Last week, we held a discussion in Washington DC on how regulators can help — rather than hinder — the broadband economy. The featured speaker at this event was FCC Commissioner Mike O’Rielly, who delivered his vision for how the FCC and other regulatory bodies should fulfill their vital role in the face of the fast-moving technology. An excerpt from Commission O’Rielly’s speech:
As regulators consider proposals that would impact the Internet or the deployment of broadband, thoughtful analysis should be done prior to enactment to consider whether the costs and burdens imposed are greater than the benefits of acting. Given the amazing positives to be gained from an Internet free and open from government intrusion — or at least significant government intervention — there should be a universal requirement for quantifiable data under a cost-benefit analysis regime. It seems universally accepted that there are direct and indirect costs to every burden placed on Internet activities. It should be our duty to show the detailed costs and benefits of every proposal, not hypothetical claims that give short shrift to statutory requirements to do an actual analysis. If a regulator involved in some capacity with the Internet cannot accept this basic premise, maybe they are in the wrong line of work.
Let me also take a moment to provide a few other premises that most people who operate in this space accept: Internet-related taxes depress deployment and adoption; costs of regulations are ultimately passed onto consumers; and the structure of the Internet will produce some type of reaction to undermine any imposed regulation. If these premises are accepted, and they have proven to betrue time and time again, it means that regulators need to be extremely cautious in acting or risk decreasing deployment, or raising prices — and all for naught.
You can read Commissioner O’Rielly’s full remarks — and watch a video of the event, which also featured Stuart N. Brotman of the Brookings Institution, James Reid from TIA, Susan Bitter Smith of the Arizona Corporation Commission, and our own Bruce Mehlman — by clicking here.