National Cable & Telecommunications Association President Michael Powell has a message for Capitol Hill, FCC chairman Tom Wheeler, himself a former NCTA president, and others: Congress got it right in the 1996 Telecommunications Act when it concluded that "regulations can be a barrier to competition and deployment of new technologies," like the Internet.
That lesson should inform the FCC's current consideration of new net neutrality rules, Powell said in a op ed in The Hill newspaper.
Powell said regulation discourages competitive entry; entrenches incumbents; discourages investment, except in entrenched incumbents; and "kills" innovation.
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