Experts Agree: Title II Threatens Economic Growth

The FCC’s misguided decision to regulate broadband like a public utility is unnecessary and harmful. Under Title II’s Depression-era regulatory framework, the innovation that has driven the development of the internet over the past two decades is under threat, stifling the industry’s ability to unlock its full economic potential.

This why economists, entrepreneurs, business owners, civil rights and labor leaders, along with many more voices from across the political spectrum, have argued that Title II jeopardizes future investment, job growth, and progress in broadband technologies. These voices include:

Mark Cuban, entrepreneur: “The Internet can’t innovate living under the rules of a 1970s telephone company.”

Rainbow PUSH Coalition: “We are particularly uneasy about the potential imposition of new telecom-related taxes and fees, and the under-capitalization of broadband infrastructure in vulnerable communities that may result from this regulatory course.”

Brent Wilkes, National Executive Director of the League of United Latin American Citizens (LULAC): “FCC decision to reclassify broadband as a public utility will not help low income, Latino and other minority communities in their quest to get online nor will it prevent ISPs from charging consumers for faster speeds.”

Andy Kessler, businessman and investor: “If the Internet is reclassified as a utility, online innovation will slow to the same glacial pace that beset AT&T and other utilities, with all the same bad incentives.”

Jay Timmons, President and CEO of the National Association of Manufacturers (NAM): “It will therefore discourage the creation of new jobs and stifle the rollout of high-speed services to unserved and underserved areas where NAM members invest and grow their businesses.”

CALinnovates: “By turning the Internet into a utility, we’ll bleed tech innovation with a thousand paper cuts. Would we even know what an iPhone is if Steve Jobs had to run his pricing models past the FCC? Would Twitter be fomenting revolution if Jack Dorsey needed to check with regulators about what kind of data can be shared online and by whom?”

Read more:
What Others have Said: African American Community Voices

What Others have Said: Hispanic Community Voices

What Others have Said: Manufacturing Voices

What Others have Said: Technology Voices