eisenbach on net neutrality -- testimony.

["Dave Farber" <farber () gmail com>]

Begin forwarded message:

> From: "Michael Gurstein" <gurstein () gmail com>
> Date: November 12, 2016 at 5:14:15 PM EST
> To: "Forum@Justnetcoalition. Org" <forum () justnetcoalition org>, "'internetpolicy'" <internetpolicy () elists isoc 
> org>
> Subject: [Internet Policy] eisenbach on net neutrality -- testimony.
>
> Net neutrality by the assumed to be head of the US FCC…
>  
> M
>  
> Sent: November 11, 2016 8:47 PM
> Subject:  eisenbach on net neutrality -- testimony.
>  
> http://www.nera.com/content/dam/nera/publications/2014/EisenachOpenInternetTestimony_0914.pdf
>
> My testimony today advances three main points. First, net neutrality regulation cannot be justified
> on grounds of enhancing consumer welfare or protecting the public interest. Rather, it is best
> understood as an effort by one set of private interests to enrich itself by using the power of the
> state to obtain free services from another – a classic example of what economists term “rent
> seeking.” Second, the potential costs of net neutrality regulation are both sweeping and severe,
> and extend far beyond a simple transfer of wealth from one group to another. Third, legitimate
> policy concerns about the potential use of market power to disadvantage rivals or harm consumers
> can best be addressed through existing antitrust and consumer protection laws and regulations.
> To begin, net neutrality regulation cannot be justified as a means of enhancing consumer welfare
> or advancing or protecting the public interest, and instead is best understood as a classic example
> of rent seeking.1 This is particularly true of the more extreme flavors of net neutrality regulation
> advanced by companies like Netflix, which would ban payments from companies like Netflix to
> Internet Service Providers (ISPs) like AT&T.2
>
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