social.techcrunch.com - 5 days ago
Comcast’s FCC filing pits pet economists against net neutrality rules
Comcast has filed its official commentary on the FCC’s proposal to roll back 2015’s Open Internet Order, and it’s about what you’d expect: a selectively thorough takedown that relies heavily on analysis by friendly economists to support the ISP’s view.
Many of the arguments in the comment, which you can read in its entirety here, are already addressed in this collection of such things — so we won’t retread them here. The main new work is done by a report commissioned by Comcast from the National Economic Research Associates. NERA you may remember from its arguments in defense of “clean coal,” and if you don’t remember, that’s a good place to start. The report (included in the comment linked above) and Comcast’s main argument drawn from it, is that the new rules create regulatory uncertainty, and regulatory uncertainty reduces investment. The problem, as with the rest of the multiplicity of analyses that have sprung up in the last year or so, is that the data is extremely ambiguous because there just isn’t enough of it. Would you trust an economic analysis of an enormous, quickly evolving industry that uses less than two years of data? Me neither.
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