October 27 Hearing to Examine Effect on Investment and Broadband Deployment
The Subcommittee on Communications and Technology, chaired by Rep. Greg Walden (R-OR), has scheduled a hearing for Tuesday, October 27, at 10 a.m. in room 2123 of the Rayburn House Office Building. The hearing is entitled, “Common Carrier Regulation of the Internet: Investment Impacts.”
Members will review the economic impacts of the FCC’s decision to implement heavy-handed utility-style regulation of the Internet. The subcommittee will examine the effect of the commission’s rule on investment and deployment of broadband networks and what that means for American consumers, jobs, and innovation.
“We’re less than a year removed from the commission’s vote for Title II and common carrier regulation of the internet, and we’re already seeing the ripple effect of economic harm,” said Walden. “Rather than heed bipartisan calls for a true light touch as our legislation would do, the commission did an end run in the opposite direction. These misguided rules are now having serious ramifications on how quickly consumers can expect upgrades and innovation in their Internet service. We are undeterred as job creation and economic growth are still our top priorities. Next generation breakthroughs and advancements are on the line, and our work continues on behalf of consumers.”
The Majority Memorandum, a witness list, and witness testimony will be available here as they are posted.