Private Investment Wove the Net: Title II is a Hindrance to Investment
Supporters of Title II do not see the interwoven nature of an open, accessible internet and large-scale investment in broadband infrastructure. It was private investment, not federal overreach, which established the open internet.
Telecom and cable companies have proved to be leading investors in American innovation. For years, large and small internet service providers invested billions of dollars making vital services faster and more affordable for consumers. Even bearing the brunt of excessive regulations, these companies succeeded in building a vast network of connected Americans.
Large scale investment drives innovation, and places America’s broadband ecosystem ahead of the pack.
Overbearing regulations, like Title II, hinder this bold investment. Facing limited options and higher risks, many companies are choosing to invest tentatively.
If the US is going to remain a leader in online innovation, we must depend on the same engines that propelled our online ecosystem for decades. By eliminating outdated regulation like Tittle II, we open opportunities for the internet to grow at an unparalleled rate. Broadband for American is happy to hear that new FCC Chairman Pai opposes such outdated and misplaced regulation and hope he acts swiftly to determine a better path forward.