McCain introduces bill to block FCC’s net neutrality rules

“I remain concerned … that the FCC is poised to take intrusive action into a well-functioning Internet ecosystem without either the demonstrated need or clear legal authority to do so. I know of no empirical evidence suggesting that the openness of the Internet that we all value is under threat today, or is likely to be under threat tomorrow. In the absence of evidence of market failure or demonstrable consumer harms, the costs of government intervention are more likely to outweigh the benefits.” — Statement from Barbara Esbin, a senior fellow at the Progress and Freedom Foundation, a free-market think tank.

— “As the FCC’s Broadband Task Force said recently, it could take $350 billion to build next-generation broadband across America, and most of that money will have to come from the private sector and companies like Comcast. We continue to hope that any rules adopted by the commission will not harm the investment and innovation that has made the Internet what it is today and that will make it even greater tomorrow.” — Statement from David Cohen, executive vice president at Comcast

— “I understand there is a regulatory revival climate in Washington under the Obama Administration, but the FCC’s launch of a rulemaking proceeding to adopt new Internet regulations stands out as an example of a proposed regulation in search of a problem that will then search for a solution to address the non-problem. At the FCC meeting, there was absolutely no evidence presented by the FCC’s staff of any market failure or pattern of marketplace abuses. It is risky business for regulators to mess with a technologically dynamic environment that is working well for American consumers and the economy.” — Statement from Randolph May, president of the Free State Foundation, a free-market think tank.

via Computerworld