A new research paper from Anna-Maria Kovacs of the Georgetown Center for Business and Public Policy details potential damage from FCC-mandated price cuts on Business Data Services (BDS). From the paper: We model the effect of mandatory BDS price cuts on the free cash flows of BDS providers. We conclude that BDS rate-cuts are likely... Read more »
Over at The Street, our own Bruce Mehlman writes about the election and what it could mean for tech and investment. An excerpt: [I]n this world of technological convergence, in which companies offering Internet, video, and traditional communications services are merging (some quite literally and others through expanding their business lines), investors should know that... Read more »
by Bruce Mehlman Official Washington now enters the final stretch of an unusually-stressful election season. Ending the uncertainty may be good news for business in a sense, but it also shows just how powerfully elections influence the direction of policy, markets, and many securities that move in part based on the level and nature of government regulation. A new President,...
Earlier today, Morning Consult published an op-ed from our own Rick Boucher on the FCC’s ongoing business data services proceedings. An excerpt: Simple economics suggests that the way to promote the most rapid deployment of the fastest business data services to the enterprises that need them is to rely on competition and the market forces... Read more »
While most of us were on vacation this summer, the Federal Communications Commission concluded its latest comment period in the long, ongoing saga of business data services regulation. The agency economists have published more than 100 analytical regressions in the past several months that try to show that competition has failed. Yet, the studies vary significantly among themselves rather than...
As the FCC continues its murky — and occasionally confounding — Business Data Services (BDS) process, seven economists have penned a letter to the Commission arguing that any imposed rate regulation on what is a truly competitive market would be a mistake and counterproductive. From said letter: As commenters across the spectrum rightly acknowledge, the... Read more »
Today’s tools will not be adequate for a fully immersive, high-definition VR future by Larry Irving and Jamal Simmons Last month, a ripple traversed the internet when the White House posted an Instagram picture of our commander in chief just outside the Oval Office wearing a pair of virtual reality glasses. In the photo, President Barack Obama is trying out...
Over at tech site Recode, our Co-Chairman Jamal Simmons and former Co-Chairman Larry Irving have penned an op-ed on virtual reality and the need for regulators to encourage private investment in the infrastructure that supports it. An excerpt: The future of virtual reality is bright. Investors are bullish, users are excited to consume novel entertainment... Read more »
With the election looming and the current makeup of the FCC likely nearing its end, Fred Campbell has penned a thorough look at what he describes as the FCC’s “legacy of confusion about competition.” An excerpt: The Wheeler FCC’s repudiation of economic rigor and legal precedents is an anomaly that should end with this fall’s... Read more »
Speaking of the FCC and Title II (see our infographic), the Commission’s reclassification of broadband still faces challenges in court. UPDATE on #TitleII litigation: DC Circuit orders #FCC to respond to our (and other) petitions for review Good news! pic.twitter.com/8B04VXgWR3 — TechFreedom (@TechFreedom) August 17, 2016 The FCC’s regulation has been challenged by providers and... Read more »