Business Data Services: Delivering on the Trump Regulatory Reform Agenda
March 30, the Federal Communications Commission circulated a drastically different vision for the Business Data Services marketplace [than what was seen during the Wheeler FCC]. On the heels of the largest data collection in the history of the FCC, the order proposes a data- and economics-driven regulatory approach that best reflects the level of competition that exists today (though the market is likely significantly more competitive than even this data – from four years ago – reflects).
The proposal appears to eliminate outdated regulations that hinder competitive markets, and proposes a rational regulatory framework where competition has yet to take hold. Reforming outdated regulations is not only a key component of economic growth, but some economists argue that it is the most powerful tool for incenting investment and increasing productivity. The BDS rules will finally evolve to reflect the increased level of competition and will encourage incremental fiber investment as the Pai FCC begins the process of delivering on regulatory reform promises made by the Trump Administration.
Business Data Services: Delivering on the Trump Regulatory Reform Agenda