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Since the FCC no longer consistently enforces 'public good' requirements on commercial exploitation of limited shared common assets, they're increasingly becomi
by mrandish 22d ago
Since the FCC no longer consistently enforces 'public good' requirements on commercial exploitation of limited shared common assets, they're increasingly becoming a drag on innovation and seem to primarily protect incumbants from new emerging competition.
In the early days of broadcast radio and TV it made sense to have an agency regulating use of the airwaves, but in recent decades the downsides of such close govt agency regulation on most (but not all) digital telecom are beginning to excede the upsides. And regulatory capture has turned some FCC rule-making committees into cage fight octagons where telecom lobbyists battle each other. Net neutrality is a punch line, spectrum auctions often fail and arcane media ownership rules made in the B&W TV era don't make sense. Maybe it's time to begin gradually sunsetting some of the FCC's historical remit.