Upton, Walden, and Terry Find FCC's Economic Analysis Lacking
WASHINGTON, DC - Leaders of the House Energy and Commerce Committee today released the following statement in response to the Federal Communications Commission's failure to provide an adequate economic or market analysis in the commission's order to impose controversial Internet rules. Chairman Fred Upton (R-MI), Communications and Technology Subcommittee Chairman Greg Walden (R-OR), and Vice Chairman Lee Terry (R-NE) sent a letter on March 3, 2011, requesting the FCC to point to the analysis in its order before the subcommittee votes on a resolution to reverse the overreaching Internet regulations. A copy of Chairman Julius Genachowski's response is available HERE.
"We share Chairman Genachowski's goal to ensure the Internet remains open, which is exactly why we oppose the FCC's decision to impose unprecedented government regulations on a currently thriving and open Internet. Over the last several months, the FCC has failed to provide a compelling justification for its power-grab. The analysis the FCC points to in its order does little more than summarize the comments of parties and provide conclusory statements. The committee will continue to scour the referenced text for a glimmer of legitimate analysis, but frankly we expect more from an "˜expert' agency. The truth is imposing these rules will cause more harm than good by stifling innovation, investments and jobs."