Update – Last week, the FCC released its report on the state of the U.S. media landscape, entitled “The Information Needs of Communities: The Changing Media Landscape in a Broadband Age.” We said then that our initial take of the report was good, especially in light of where it could have gone.
Today, the Wall Street Journal had its own review of the study, which largely confirms our point of view.
Below are two key excerpts, scanned in old-school.
Though this report serves as a potent statement for regulatory humility – especially as regulators at the FCC, FTC and DoJ seek to address fast moving, technological markets of the Internet ecosystem – it’s a shame that the FCC couldn’t have heeded this call last December before issuing its innovation-killing Net Neutrality regulations on network providers.
A shame, but not unexpected.
The FCC seems of two minds when it comes to two symbiotic aspects of the Internet – network providers and content providers. The former gets the stick – i.e., Net Neutrality rules. And the latter gets the carrot (lots) – i.e., kid glove treatment via subsidized access to private networks from the FCC’s Net Neutrality rules.
“Heavy-handed regulatory intervention…distorting markets in unhelpful ways” applies to both, however.
Anyway, for the present FCC, half right ain’t half bad when it comes to our communications landscape. That said, here’s to hoping that the Agency someday (soon) makes that half-glass fuller, and begins treating network providers as respectfully as it does the content guys.
Poking bears is no way to grow core Internet infrastructure.