The Internet is Not Broken and Obama Does Not Need to Fix it [+video]

By Ajit Pai and Joshua Wright. If you like your wireless plan, you should be able to keep it. But new federal regulations may take away your freedom to choose the best broadband plan for you. It’s all part of the federal government’s 332-page plan to regulate the Internet like a public utility — a plan President Barack Obama asked the Federal Communications Commission to implement in November and that is coming up for a vote Feb. 26.

While the plan contains no shortage of regulations, the most problematic may be the new “Internet conduct” rule. It’s a vague rule that gives the FCC almost unfettered discretion to micromanage virtually every aspect of the Internet, including the choices that consumers have for accessing it. If a company doesn’t want to offer an expensive, unlimited data plan, it could find itself in the FCC’s cross hairs.

But restricting service plan options is inherently anti-competitive and anti-consumer. The inevitable results will be higher prices and less service for consumers along with an especially adverse impact on small providers and upstart competitors trying to differentiate themselves in a crowded market. (Read more about how the internet is not broken HERE)

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Why Can’t the Public See Obama’s Proposed Internet Regulations?

By Mark Hemingway. Republican senators Mike Lee, Ben Sasse, and Rand Paul have all been high profile opponents of the Obama administrations current plan to regulate the internet — in particular, Lee has called the regulation a government “takeover” of the internet and says it amounts to a “a massive tax increase on the middle class, being passed in the dead of night without the American public really being made aware of what is going on.”

(Read more from this story HERE)

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Billionare Mark Cuban Says Net Neutrality Will ‘F*** Everything Up’

By Dawn Chmielewski. Billionaire investor and ABC “Shark Tank” star Mark Cuban unloaded on the Federal Communications Commission’s plan to fundamentally change how it oversees the open Internet.

“That will f*** everything up,” said the voluble Cuban in remarks Wednesday at the Code/Media conference at The Ritz-Carlton, Laguna Niguel, Calif.

In early February, FCC Chairman Tom Wheeler proposed tough new rules for Internet lines that would prohibit wired and wireless broadband providers from collecting payment to cut to the front of the line, or blocking and throttling lawful content and services.

Cuban said this bid to significantly expand the agency’s authority to regulate broadband providers is nothing more than an attack on giant media companies like Comcast*.

“Net neutrality is just a demonization of big companies,” Cuban said. (Read more from this story HERE)

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