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FCC OKs "Net Neutrality"

February 26, 2015 in Economics

The FCC on Thursday voted to reclassify Internet Service Providers as “common carriers” under Title II of the Telecommunications Act, a move that would trigger broad regulatory powers over Internet providers in the name of “preserving the open internet.” Cato scholar Julian Sanchez is wary of the move: “The FCC is preparing to impose a blanket regulatory structure—including open-ended authority to police unspecified “future conduct” of which it disapproves—in the absence of any sense of what deviations from neutrality might look like in practice.”

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