This month, the Federal Communications Commission (FCC) will likely approve net neutrality rules which will, for the first time, impose significant federal regulatory authority on Internet services and over Internet Service Providers (ISPs). After nearly a decade of intense clamoring by advocacy groups, who have called for a “free” and “neutral” and “open” Internet, net neutrality has become a seductive political euphemism that has snared the support of many in the public, including lawmakers and now several FCC regulators. Shadowed by President Obama’s recent public urging for public utility-style regulations that has remarkably coincided with the sudden change of mind of the FCC Chairman, we should take pause and examine exactly how society and consumers would be better off with these public utility-like regulations…
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