FCC Invokes Internet Freedom While Trying to Kill It

[Commentary] If the Federal Communications Commission, which has a 2-to-1 Republican majority, approves Chairman Ajit Pai’s proposal, there will be little stopping the broadband industry from squelching competition, limiting consumer choice and raising prices. The previous FCC chairman, Tom Wheeler, helped put the rules current Chairman Pai is attacking in place in 2015, and the United States Court of Appeals for the District of Columbia Circuit upheld them.

Large telecommunications companies have been raking in profits in recent years. And they have been making multibillion-dollar acquisitions — not something you see from an industry that is withering from senseless regulations. Charter spent more than $65 billion last year to buy Time Warner Cable and Bright House Networks. AT&T bought DirecTV for $48.5 billion in 2015 and is trying to buy Time Warner, the media company, for $85 billion. Not only is Pai’s lament for the broadband industry based on alternative facts, it misses the bigger point. Net neutrality is meant to benefit the internet and the economy broadly, not just the broadband industry. That means the commission ought to consider the impact the regulations have on consumers and businesses. In particular, the commission has a responsibility to protect people with few or no choices; most Americans have access to just one or two companies for residential service and just four big operators for wireless.