PROTECTING SMALL BUSINESS, PROMOTING ENTREPRENEURSHIP

Restoring Internet Freedom Will Restore Robust Investment and Entrepreneurship

By at 18 May, 2017, 8:44 am

Small Business Group Supports FCC Action to Repair the Damage of Unneeded Internet Regulation

Washington, D.C. – Today, the Federal Communications Commission (FCC) will vote on a notice of proposed rulemaking, which centers on restoring Internet freedom by lifting public-utility style regulation on broadband providers and returning to a light-touch regulatory framework that has governed the Internet throughout most of its existence. Among other items, the proposal seeks to return the policing of Internet privacy practices back to the Federal Trade Commission (FTC), where it belongs.

The Small Business & Entrepreneurship Council (SBE Council) is supporting the proposed rulemaking being led by FCC Chairman Ajit Pai, as investment and innovation flourished throughout the light-touch era. Unfortunately, investment has suffered under the uncertainty and harm of intrusive and unneeded (Title II) government regulation of the Internet, which means affordable and quality broadband access still remains unavailable for many Americans.

“Entrepreneurs understand that intrusive government regulation does not produce opportunity, but actually creates undue barriers to new business creation, competition, innovation and investment. The dreadful red tape that Chairman Pai seeks to cut through this proposed rulemaking will restore a vibrant Internet ecosystem that is welcoming to investment,” said SBE Council president & CEO Karen Kerrigan.

Related resources:

Does Internet Regulation Help Small Businesses and Women-Owned Firms?

The Real Story on Broadband Service Competition and Regulation

Kerrigan added: “Small internet service providers, rural broadband companies and other small businesses in the broadband space are disproportionately burdened by these misguided regulations, hurting their ability to compete, invest, and serve their customers with better broadband. In the end, the misguided Title II regulatory framework is crushing small competitors and will lead to fewer choices, and perhaps no choice at all in some areas of the country. We applaud Chairman Pai for listening to small businesses and standing up for the little guy.”

Kerrigan concluded: “Citizens will hear untrue claims and a lot of rhetoric about what Chairman Pai is working to do at the FCC. Opponents of Internet freedom have resorted to wild assertions and even death threats against Chairman Pai. But let’s look at the facts: a free and open Internet under a light-touch regulatory framework has produced unimaginable technological innovations and progress for America. Entrepreneurs now want the opportunity to take innovation to the next level, and an Internet ecosystem that supports investment and opportunity will do just that. That is why SBE Council supports Chairman Pai’s proposed rulemaking to restore Internet freedom.”

Contact: Karen Kerrigan, 703-242-5840 or kkerrigan@sbecouncil.org

Raymond J. Keating, 631-909-1122 or rkeating@sbecouncil.org

SBE Council is a nonpartisan, nonprofit advocacy, research and education organization that works to protect small business and promote entrepreneurship. For nearly 25 years SBE Council has worked to successfully implement a range of policy and private sector initiatives to strengthen the ecosystem for startups and small business growth. To learn more, visit SBE Council’s website: www.sbecouncil.org. Follow on Twitter: @SBECouncil

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