EON

Boston  – The Federal Trade Commission has stated that they have turned down net neutrality.

The FTC stated that there was no real reason to protect consumers and content providers from large telecommunications companies who wanted to charge more for faster delivery options.

FTC Chair Deborah Platt Majoras stated that in the absense of significant market failure or demonstrated consumer harm, policy makers should be particularly hesitant to enact new regulation in this area.”

The conclusion by Majoras was that the broadband internet access market was moving towards more competition, not less.

FTC Commissioner John Leibowitz stated that putting net neutrality into law may not help protect consumers.

“The report also soberly reminds us that regulation often has unintended side-effects…But it seems to me equally clear that this report shows that doing nothing may have its costs as well.”