Stop Whining That the Web is Broken

The arguments in favor of net neutrality only make sense if you think the telecommunications industry is an anti-competitive oligopoly. Maybe so, but in that case drop the "net neutrality" rhetoric and Internet access providers like utilities.

The "open Internet" has supposedly been endangered by a federal appeals court's decision Tuesday to override the Federal Communications Commission's so-called "net neutrality" rules. I'm skeptical. Advocates of more intrusive regulation are making some really weird assumptions about the nature of the telecommunications industry.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.