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July 09, 2004

Michael Powell Joins the Blogosphere

Michael Powell Joins the Blogosphere :: AO

FCC Chairman Powell kicks off his new regular AO blog.
Michael Powell [US Federal Communications Commission] | POSTED: 07.08.04 @08:28
Michael K. Powell
Chairman, Federal Communications Commission
AlwaysOn Blog
July 7, 2004

Traditionally, the economic justification for government regulation of an industry was market failure such as monopoly, negative externalities, or unmet social goals. Government's role in the marketplace should be limited because markets and entrepreneurs develop innovative solutions far more efficiently than regulators can. This is the principle behind opening the communications sector to competition. I am particularly mindful of this principle as new competitive services—VoIP, for example—become viable alternatives for customers.

July 9, 2004 at 11:17 PM in Internet evolution | Permalink | TrackBack (16) | Top of page | Blog Home