Also in this playlist...
This transcript is automatically generated
And now special -- on media -- Federal Communications Commission seems hell bent on asserting its oversight into high growth businesses of the future.
Wireless and the Internet.
Never mind that a few court rulings say the FCC has no authority to interfere -- that Internet access business let's learn more about the FCC's intent.
From an insider we're joined by Robert McDowell who resigned on Friday as a member of the FCC to join the Hudson institute's center for it economics of the Internet.
-- first thought -- make sure there's no scandal were failing to report you resigned more than a year early how come.
Well first -- been there for seven years this is the time to go right after presidential election that can pair my replacement with a nominee for.
But the Democrat nominee for chair of the FCC but also seven years in government -- -- limited government private sector kind of guy we don't want a permanent governing class and I think this is the time for me.
-- a limited government -- for an agency that just seems to love to reach out for more areas to regulate.
Let's talk net neutrality -- Comcast they tried that dictate the Comcast -- -- not allowed to say that.
Of traffic from Netflix has to pay more or -- a source because there's too much -- -- you're not allowed to run your own business the way you want courts ruled against the FCC.
But they continue in that effort what's the next step.
So the next several waiting to hear from a federal appeals court might be later this year or early next year.
Then that if it strikes -- what the FCC did again.
There's another proceeding at the FCC to classify.
Internet access as a monopoly phone service the way the mob bell monopoly was back in 1934.
And that would be disastrous for the whole Internet ecosystem.
And and basically it's not because the Internet is a lot like a monopoly phone system of a century ago.
It's because that would be the fig leaf the FCC uses to try to get new regulatory.
Exactly so would be -- regulating the economics of the Internet the terms of the content applications as well really the whole whole ecosystem not just the networks but it's gonna that would affect.
Applications and content.
Is the FCC well intended here wants to protect consumers what -- protecting consumers from I thought.
Wireless prices going down -- prices going down how our consumers being harmed.
They haven't been and that's really part of the controversy and also this -- he did -- bona fide market study to evaluate whether or not there was any need for this to begin with.
Or whether existing laws like -- -- -- consumer protection laws would fix any alleged or theoretical problem to Larry if Comcast were to discriminate against content or do something wrong there -- other laws that could apply.
But also they could lose customers if I can't get Netflix through Comcast -- might switch to a to a satellite distributor right.
Exactly and also wireless broadband is the fastest growing segment of the broadband market and the average American has a choice of five wireless broadband providers and that's being very disruptive in a positive constructive way this is the best time to be consumer in the space and yet the FCC if I'm.
Right on this is actually the staff has ruled two years running now that.
We've looked at the wireless business and we can't be sure that it's competitive is the FCC paving the way to start regulating wireless more as non competitive.
That is a big concern of mine I think that's exactly what the staff reports we're intending was to.
Try to create the crisis -- the notion that.
It's not competitive -- that we need to regulate it in the wireless industry has been one of the crown jewels of the American economy for the past twenty years precisely because it is not regulated -- people have cellphone service now because -- prices have come down so far.
Why is -- agency in pursuit of problems that haven't happened yet.
Well a lot of his theory a lot of -- sort of small our religious dogma I think of the political -- -- folks were out running Washington.
-- it's something you know we think that rules count.
But it's the people enforcing and prosecuting the rules that really count thanks -- -- -- today I hope -- come on again with us Robert McDowell.
And good -- in your new -- FCC -- Thank you okay FBI doesn't wanna talk to establishment there you -- that was okay.
Filter by section