Members of Congress are on the verge of updating the Telecom Act to bring it into sync with a communications industry that's been transformed by Internet technology. As they do that, we can only hope they don't compromise the future of this vital industry by falling for the rhetoric of Net Neutrality. After all, what network operator would be silly enough to keep investing billions in network innovations if the fruits of its innovation had to be given away at below cost?
Read this summary from the Benton Foundation (original article appears in the Wall Street Journal. Subscription req'd.)