For internet gatekeepers, consumer protection laws are better than utility-style regulation

[Commentary] As progressive luminaries like Tim Wu and Susan Crawford continue fighting for utility-style regulations for broadband providers, prominent conservatives like Tucker Carlson and Steve Bannon have begun demanding similar utility-style regulations for other internet “gatekeepers,” including major websites and online platforms like Google and Facebook. Even if you accept the premise of that argument — and reasonable minds disagree over just how much control is too much for one corporation to have — it’s far from clear that utility-style regulation is the proper response.

Indeed, in the dynamic markets for internet services, imposing true utility-style regulations would be a huge mistake. By giving up on market forces and ceding dominance to a single firm, utility-style regulation makes future competition impossible. Fortunately, strong antitrust and consumer protection laws can save us from this downward spiral of utility-style regulation.