FCC's Wheeler Says Net Neutrality Doesn't Hurt Investment

By Margaret Harding McGill (June 26, 2015, 12:46 PM EDT) -- Federal Communications Commission Chairman Tom Wheeler rejected arguments that net neutrality will hurt broadband investment in a speech Friday at the Brookings Institution that focused on the agency's goals of promoting competition and broadband expansion.

Citing the recent D.C. Circuit decision denying a stay in the implementation of the Open Internet Order, Wheeler said there is a disconnect between the negative impact some Internet service providers say the rules will have on investment, and the mergers and expansion that is actually occurring. Wheeler told the crowd it is "pedal to the metal" for the FCC on broadband policy in the wide-ranging...

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