The U.S. Chamber of Commerce said it is pleased the Federal Communications Commission (FCC) has taken a step toward ending so-called utility-style regulations of the internet with its decision regarding “Restoring Internet Freedom” rules.
The chamber response to the FCC decision focused on investment in innovative technology and infrastructure, saying studies show that there is a lack of investment in this space due to net neutrality regulations that mirror utility regulations like electric and gas.
However, the chamber also said in a release that the FCC needs to retain net neutrality while at the same time putting an end to the net neutrality regulations from 2015. The chamber specifically cited technologies and infrastructure such as 5G and the Internet of Things (IoT).
The chamber noted that the FCC's focus should be on ensuring that more private capital is able to be invested in the internet, but preserve net neutrality. The chamber praised the FCC for including input from a variety of stakeholders in the discussions and decision-making process to roll back the Title II regulations.
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