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Biden Win Could Curb Deals, Revive Net Neutrality in FCC Pivot

  • Halt of Trump’s liability threat to social media is possible
  • Reversal from ‘light touch’ regulation under Republican Pai
Bloomberg business news
Election Wrap: 8 Days to Go, Early Voting Is Surging

A victory by Joe Biden in the Nov. 3 election could usher in an abrupt change in the nation’s telecommunications policy, restoring so-called net neutrality regulation and shifting the Republican drive to rein in social media outlets, among other things.

“Democrats are more comfortable with an activist role,” Cowen & Co. analyst Paul Gallant said in an interview.