It will damage the internet
I am late to this thread and I view all of the players (gov't comcast, etc) as not being well regarded by the majority of the public. This is a complex issue so I get right to the store. Obama wants to regulate the Internet as a utility
To begin Obama proposes regulation of the Internet via Title II of the Communications Act of 1934. Said Act was antiquated when originally written as it was incorporated from the Interstate Commerce Act of 1887. Literally the law was copied with exception of the subject matter so that where "railroad" appeared ( ICA 1887 dealt with monopoly railroads) "telephone" replaced it
Secondly Obama has already agreed to cede control of the Internet Registry the ICANN codes which countries such as China, Russia, Iran, etc want to control because they can then decide if a website can come on line.
Essentially if the FCC does win over regulation of the internet it will strangle innovation and it will force fees to producers who will only pass them down to consumers.
If Obama cedes control of the ICANN countries such as China will be able to silence those who seek freedoms.
Compare what regulations did to railroads by looking at our railways and you get some idea of what net neutrality will do to the Internet.
It is because it is unregulated that it has grown so quickly and to regulate it will strangle technological advances
As to costs to consumers: Consider that water utilities delivering water involves mostly fixed costs. so about every ten years water companies create a shortage in order to justify rate increases CA exception).
I hope someone stops Obama both on the FCC regulations and ceding America's control over ICANN's because he is going to do serious damage to an industry that has great potential if left to market forces
|