FCC's Pai Kicks Off Drive For Economics-Based Decisions

By Jenna Ebersole (April 5, 2017, 8:27 PM EDT) -- The Federal Communications Commission must return to an approach that pays early and careful attention to the economic impact of its decisions, Chairman Ajit Pai said, announcing Wednesday that he will form a new economics office to provide agencywide input.

Pai, speaking at the Hudson Institute in Washington, D.C., said he will aim to launch an Office of Economics and Data by the end of the year to empower economists at the agency and help ensure that "well-informed decision-making is the norm." First, a working group will consider questions of structure, powers and responsibilities, he said.

The chairman, who while in...

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