CBPP scholars issue Economic Policy Vignette: “An Economic Perspective of Title II Regulation of the Internet”

John Mayo co-authored with a number of other prominent economists an Economic Policy Vignette, “An Economic Perspective of Title II Regulation of the Internet.” The EPV was submitted to the Federal Communications Commission in response to Notice of Proposed Rulemaking, In the Matter of Restoring Internet Freedom, WC Docket No. 17- 108. The authors conclude, “Innovation is the hallmark of the internet industry. American consumers and producers are immensely better off for the dynamic internet environment that unfolded in the absence of imposing common-carrier regulation on the internet in 1996. Given the unmitigated success of that truly light-touch regulation, the perpetuation of Title II’s public-utility style regulatory framework for the internet is economically ill-founded.”