Pros And Cons Of Net Neutrality

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Arguments by interested parties and current status on Net Neutrality:
1. The 1996 Telecommunications act says the internet should be unfettered by state or federal regulation
The 1996 telecommunication acts say
“It is the policy of the United States…to preserve the vibrant and competitive free market that presently exists for the Internet and other interactive computer services, unfettered by Federal or State regulation”(3).
Back in 1996, it was not common for telecommunication provider to also server internet, but now it is different we have ISP same as telecom providers. It says that Title II was never meant for broadband services, and that the industry thrived under the “light touch” of Title I. DSL a major provider was regulated under Title II act till 2005.
From the act, people have argued that section 230 of act says, “Protection for private …show more content…

Reduce of investment because of Rules:
From one of letter to FCC which was sent by 60 major ISP technology suppliers including IBM, Intel, Qualcomm, and Cisco. It says Title II regulation of the Internet
"means that instead of billions of broadband investments driving other sectors of the economy forward, any reduction in this spending will stifle growth across the entire economy. (4)
The opponents have argued that ranking of bandwidth is required as it brings innovation on internet. But Net Neutrality is making it difficult for ISP and other network operators to recover the investments in broadband networks. Companies like Verizon have argued that its difficult in invest in advance fiber-optic broadband if they continue to refrain from charging access fee to companies.
3. Significant and growing competition, investment
Gary Becker, Nobel prize economist have stated in 2010 that
"there is significant and growing competition among broadband access providers and that few significant competitive problems have been observed to date, suggesting that there is no compelling competitive rationale for such regulation"