The Internet can’t innovate living under the rules of a 1970s telephone company.
“The Internet revolution has ended just as surprisingly as it began,” writes Professor Lawrence Lessig. “None expected the explosion of creativity that the network produced; few expected that explosion to collapse as quickly and profoundly as it has.” This dirge captures the fears of those who today march for “Network Neutrality” regulation, which would require that all broadband Internet Service Providers (ISPs) treat all data traffic equally. Continue reading
Wheeler: Net May Be at Regulatory Inflection Point
Asks Whether ‘Terminating Monopolies’ Hold Key To Letting Startups Scale Up
By John Eggerton
FCC chairman Tom Wheeler has at least raised the possibility that the Internet economy is at an “inflection point” at which the government needs to step in to insure the continuing ability of innovative startups to scale up at the pace of high-speed broadband. Continue reading
Thomas Hazlett was interviewed by Virginia Business Magazine in an article by Richard Foster analyzing the Netflix/Comcast deal and the ramifications for the so called “open internet.” Critics have said the the deal will lead to an end to the era of open internet and will lead to higher costs for consumers as well as discrimination between websites. Dr. Hazlett argues that the change will be much less dramatic because the notion of an open internet is a mischaracterization of how the internet has always operated. In fact, this discrimination between different types of network traffic is beneficial to consumers, who value speed in services such as voice-over-internet more highly than in email.
The full article can be read here.
Days ago the U.S. Senate unanimously confirmed Professor Joshua Wright, an Information Economy Project Senior Fellow, as commissioner at the Federal Trade Commission. As reported at The Hill’s Hillicon Valley and other news sources, Professor Wright’s confirmation took place after the holidays on January 1 after a months-long vetting by the Senate. FTC Commissioners serve seven-year terms. Because of this appointment and the obligations it entails, Prof. Wright will take a leave of absence as Senior Fellow at IEP.
Professor Wright’s most recent work with IEP included a 2012 article in the Indiana Law Review, The Law and Economics of Network Neutrality (co-authored with IEP Director Thomas Hazlett).
Congratulations to Commissioner Wright!
Thomas Hazlett is professor of law and economics at George Mason University, and author of the Encounter Broadsides No. 23 “The Fallacy of Net Neutrality” (2011), from which this was adapted. http://washingtonexaminer.com/opinion/op-eds/2011/11/fcc-and-its-net-neutrality-debacle/41388
Book Description Publication Date: November 1, 2011 | Series: Encounter Broadsides (Book 23). “There is little dispute that the Internet should continue as an open platform,” notes the U.S. Federal Communications Commission. Yet, in a curious twist of logic, the agency has moved to discontinue the legal regime successfully yielding that magnificent platform. In late 2010, it imposed “network neutrality” regulations on broadband access providers, both wired and wireless. Available on amazon.com. http://www.amazon.com/Fallacy-Net-Neutrality-Encounter-Broadsides/dp/159403592X/ref=sr_1_1?ie=UTF8&qid=1318364909&sr=8-1.
“There is little dispute that the Internet should continue as an open platform,” notes the U.S. Federal Communications Commission. Yet, in a curious twist of logic, the agency has moved to discontinue the legal regime successfully yielding that magnificent platform. In late 2010, it imposed “network neutrality” regulations on broadband access providers, both wired and wireless. Video available at C-SPAN’s booktv.org. http://www.c-spanvideo.org/program/Fallac. Also available with information at http://www.booktv.org/Program/12932/George+Mason+University+Interviews+Thomas+Hazlett+The+Fallacy+of+Net+Neutrality.aspx
L. Gordon Crovitz: Unlike regulators, few in Silicon Valley see the giant as an unstoppable force. Regulators abhor a vacuum, so it is fitting that on this month’s 10th anniversary of the antitrust judgment against Microsoft, the Federal Trade Commission alerted Google that it’s now under investigation as a monopolist. Considering how much intense competition Microsoft has faced for years, a government claim of monopoly is best understood as a hex—and a lagging indicator that, to the contrary, Google has passed its greatest point of market power. http://online.wsj.com/article/SB10001424052702303365804576433960915570474.html
Professor Thomas Hazlett joined several free market advocates at a roundtable sponsored by the Hudson Institutes Center for Economics on the Internet (CEI) to discuss the Federal Communications Commission’s (FCC) actions on network neutrality, incentive auctions, and universal service.The group recommended the FCC follow a path that allows more choice in the marketplace, leading to a more competitive environment for businesses. http://www.law.gmu.edu/news/2011/hazlett_hudson_institutes
Industry Experts Take Aim at Commission on Net Neutrality, Auctions, USF, TR Daily, June 17, 2011.
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Commenting in Investor’s Business Daily, Professor Thomas Hazlett says Federal Communications Commission (FCC) Chairman Julius Genachowski’s new proposal for net neutrality rules is a carefully crafted proposal that maintains the FCC’s authority over Internet regulation while offering measures to gain support from ISPs. http://www.law.gmu.edu/news/2010/hazlett_fcc_net_neutrality