Today, Federal Communications Commission (FCC) Chairman Ajit Pai continued on his reform agenda by moving to reverse destructive Business Data Services (BDS) regulations imposed by former Chairman Tom Wheeler late last year.  In response, Center for Individual Freedom (CFIF) Senior Vice President of Legal and Public Affairs Timothy Lee issued the following statement: 

"In releasing today’s draft proposal to deregulate the BDS market, Chairman Pai is meeting his promise to bring accountability and transparency to the FCC.  More importantly, this draft lays out a clear plan for getting federal bureaucrats out of the business of micromanaging a BDS marketplace already teeming with competition and investment.  We urge the Commissioners to support this proposal, which will ensure that businesses large and small continue to have access to a growing number of providers for the data services that power modern business communications," Lee said.

"We’re pleased that Chairman Pai has emphatically rejected his predecessor’s failed embrace of overregulation and price controls.  This market-oriented proposal instead clears away artificial rate regulations, which will lead to even more investment and innovation as private capital flows freely to meet the growing demand for high-speed, high-capacity services," Lee continued.

"It’s economics 101:  Deregulating markets leads to greater investment, greater competition and greater innovation.  CFIF therefore applauds Chairman Pai for his leadership and his support for free market principles," Lee concluded.

###