June 3, 2009 11:21AM

Obama’s FCC Pick to Seek Internet Regulation

Politico reports that President Obama's nominee to head the Federal Communications Commission, Julius Genachowski, is expected to pursue "'net neutrality" regulation of broadband Internet service.

In his paper, The Durable Internet: Preserving Network Neutrality without Regulation, Tim Lee shows why regulation is not needed to preserve the good engineering principle he calls "end-to-end." His paper also shows how regulation intended to serve consumer-friendly ends is often captured and used by regulated industries to suppress competition and artificially raise profits, denying consumers the benefits of free markets.