Close
Close

Published

Start-ups in horror as Pai neutrality plans trigger shock waves

FCC Chairman Ajit Pai has announced the foundations for his long awaited, long dreaded plans to unravel net neutrality regulations on ISPs – a move that will undoubtedly stifle innovation and harm budding US startup companies in the US. Addressing the net neutrality rules that were put in place by the FCC in 2015 under the Obama administration, Pai said, during a speech in Washington DC, “two years ago, I warned that we were making a serious mistake. It’s basic economics. The more heavily you regulate something, the less of it you’re likely to get.” This statement sounds more like the words of a hungry businessman rather than the words of a man in a position to make genuine forward…

Close