Net Neutrality Stifled Broadband Investment, FCC’s Pai Says

Law360, Washington (February 26, 2016, 4:40 PM EST) -- The Federal Communications Commission’s expanded regulatory scheme imposed through its Open Internet Order led to stagnation in broadband investment over the past year, FCC Commissioner Ajit Pai said Friday, slamming the order as a misguided political move.

In a speech to the conservative think tank The Heritage Foundation on the one-year anniversary of the passage of the “Net Neutrality" rules, Pai blasted President Barack Obama for requesting the order — which reclassified Internet service providers, or ISPs, as common carriers subject to regulation under Title II of the Communications Act — saying it created the only reduction in broadband investment aside...

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