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Washington –&nbsp;Following today’s Federal Communications Commission (FCC) decision to regulate the Internet under Title II of the&nbsp;1934 Communications Act,&nbsp;<a href="http://businessroundtable.org/" data-foo="bar" style="color: rgb(238, 80, 72);">Business Roundtable</a>&nbsp;President John Engler released the following statement:“America’s business leaders are frustrated and alarmed by the FCC’s decision to impose Depression-era regulations on the Internet, a foundation of innovation and prosperity in the 21st&nbsp;century.“Business Roundtable believes in smart regulation that meets important policy goals – in this case, maintaining an open Internet as a platform for creativity and innovation – while minimizing harmful unintended consequences. Today’s FCC’s decision does not meet this standard.“We urge Congress to enact legislation that would update the&nbsp;Communications Act&nbsp;to reflect the modern, 21st&nbsp;Century environment in which the Internet actually operates.”Smart regulation is a key pillar of the pro-growth policy agenda Business Roundtable recently released,&nbsp;<a href="http://businessroundtable.org/sites/default/files/reports/BRT%202015%20Policy%20Priorities%20FINAL.pdf" data-foo="bar" style="color: rgb(238, 80, 72);">Achieving America’s Full Potential: More Work, Greater Investment, Unlimited Opportunity</a>.Learn more about the Business Roundtable positions on smart regulation&nbsp;<a href="http://brt.org/issues/smart-regulation/committee" data-foo="bar" style="color: rgb(238, 80, 72);">here</a>.

FCC Internet Regulation Alarms America’s Business Leaders