FCC Move Today Threatens Internet Innovation and Modern Commerce

March 13, 2015

Washington – Following this week’s issuance by the Federal Communications Commission (FCC) of rules governing the Internet under Title II of the 1934 Communications Act, Business Roundtable President John Engler released the following statement:

“The Internet regulation rules issued by the FCC today threaten to slow down the investment and innovation that drive modern commerce – that concerns business leaders, and it should concern policymakers charged with strengthening the U.S. economy.
“I will say it again: Congress should adopt a smarter approach to Internet regulation and update the Communications Act to reflect the modern 21st century environment in which the Internet actually operates.”

Smart regulation is a key pillar of the pro-growth policy agenda Business Roundtable recently released, Achieving America’s Full Potential: More Work, Greater Investment, Unlimited Opportunity.

Learn more about the Business Roundtable positions on smart regulation here.