The New FCC to Humbly Serve

by Mike Wendy on January 27, 2017

Brief addendum: If you didn’t already know it by reading this blog, I think Ajit Pai is going to be a good FCC Chairman. He represents the polar opposite of the last Commission’s activist, crony-focused, sky-is-falling MO. As I see it (and hope for), his Commission will take a more optimistic approach to regulating (or not) the U.S. communications landscape – it being more apt to incentivize the attainment of important goals than punishing them into being. Where gaps remain, I see his FCC advocating for focused and cost-effective assistance from public and private actors to help provide alternatives to broken markets, or consumers who experience demonstrable harm. Evidenced-based decision-making – instead of economics-free “reasoning” – should prevail.  In this regard, I see the agency eschewing pessimistic regulatory defaults, while at the same time nimbly (and smartly) addressing harms if and when they occur. As with any change in leadership, new ways of addressing the agency’s affairs will occur.  That said, I expect that these changes will work in favor of, not against, average consumers, whatever institutional or process forms they take.  Rural America, Main Street, the inner city, and communities that are disadvantaged will be lifted up by his more humble approach to oversight and regulation.

To be sure, the new FCC will likely let the market and its entrepreneurs breathe more freely, and use its limited authority to follow policy established by Congress – not that whipped-up by a captured majority of unelected bureaucrats – to serve the “public interest.”  Of course, that center-weighted balance is what America voted for in November.  I believe Chairman Pai’s FCC represents a faith in Americans, and the decisions they make, not evinced in the previous eight years of governance.

One trusts the new FCC and Chairman Pai will not let us down.

Main Street, all America, will benefit with Ajit Pai’s FCC.

Mike Wendy January 30, 2017 at 3:41 pm

Check this out, Arthur (from RealClearMarkets):

In direct contrast to Wheeler’s regulatory philosophy, Chairman Pai, on his new FCC bio page, offers five guiding principles for regulation actually rooted in sound economics and a proper, limited view of the power of regulators:

1) “Consumers benefit most from competition, not preemptive regulation. Free markets have delivered more value to American consumers than highly regulated ones.”

2) “No regulatory system should indulge arbitrage; regulators should be skeptical of pleas to regulate rivals, dispense favors, or otherwise afford special treatment.”

3) “Particularly given how rapidly the communications sector is changing, the FCC should do everything it can to ensure that its rules reflect the realities of the current marketplace and basic principles of economics.”

4) “As a creature of Congress, the FCC must respect the law as set forth by the legislature.”

5) “The FCC is at its best when it proceeds on the basis of consensus; good communications policy knows no partisan affiliation.”

Arthur Rhodes January 30, 2017 at 6:08 pm

I agree. I would like nothing more than real competition. That would solve everything, we wouldn’t title II, net neutrality, we wouldn’t be dealing with these nightmare customer service calls (because why invest in customer service, when you know your customers don’t have other choices).

When we have choice between Fios, ATT, Cox, Comcast, TW, etc. Then the market competitive forces will take care of everything.

But they don’t compete, they even admit that themselves.

For the last time spare everyone your nonsense that we can use WISP’s, DSL, Wireless. None of those things can replace the offerings from the companies I listed above. If they could, then we wouldn’t even be having this convo, because the competitive market forces would change everything. They’d be scared of losing customers to wisps, DSL. their cell phone internet and they would stop behaving in a manner that has caused them to be the most hated industry in america.

Clearly thats not the case. Even the lobbyist in you can acknowledge that right?

Mike Wendy January 30, 2017 at 8:06 pm

Does everyone deserve / need a Porsche?

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