Twenty20.

Repealing Title II would unleash innovation on the internet

This past week, Federal Communications Commission (FCC) Chairman Ajit Pai, along with Commissioner Michael O’Rielly, proposed to return the internet to the era of bipartisan regulatory review. The internet (and representative democracy) took a hit in 2015 when policy-driven fervor led the reluctant FCC Chairman Tom Wheeler to change course from his proposed net neutrality rules and instead impose the most draconian of price regulatory regimes on the innovative internet — Title II regulation. The general lack of analytic rigor in the underlying analysis of that 2015 order was well documented at the time (here and here, for example) and the “economic analyses” and predictions on which the order relied have already been proven false.