Shane Greenstein is one of the least known, best writers about economics and technology for the non-economist. He has put down his thoughts on net neutrality this month (something I have blogged about before too). Greenstein outlines a bunch of potentially worrisome scenarios and dismissing each as relatively implausible. Put simply, through a different route he comes to my conclusion that the only thing we have to fear is market power itself.
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Hasn’t the sucess of the internet – which, to me, is the primary reason for the development of broadband – been built on the ability to allow consumers to take total control over their viewing/searching content? Therefore wouldn’t the restriction of this, as advocated through net neutrality, reduce its value proposition and therefore reduce consumer demand for access? Doesn’t make a terribly strong business case to invest in broadband infrastructure!
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