Net Neutrality–Danger of Legislating Markets
Posted by Bill Rice on 06/13/06 in net-neutrality
The debate around Net Neutrality should not only focus on barriers to entry and discrimination of content. We should consider all of the unknow effects inherent in regulating and legislating markets.
I think we should let free markets do their thing. If the market determines that it is not getting enough out of the infrastructure providers then incentive will emerge. For example, if Google or Yahoo do not think Verizon or AT&T are providing sufficient infrastructure performance they will strike a partnership and create mechanisms and business arrangements to produce the results. If consumers are clamouring for faster content then charge them and see if they buy it. It worked with cable and satellite TV. I now pay for what I used to get free on TV and I pay four times what I would pay for dial-up Internet because I want higher performance.
Markets work these incentives out not legislatures–dangerous times for free markets.
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