A new report from the American Action Forum shows that smaller businesses make up 90 percent of thos affected by the Obama administration’s new net neutrality rule on internet regulations. As American Action Forum President Douglas Holtz-Eakin writes, the irony is that President Obama claimed the regulations were meant to help small businesses compete, when in fact it does just the opposite:
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According to the Federal Communications Commission (FCC) itself at least 90 percent of the businesses that will bear the burden of the new Title II (utility-style) network neutrality regulations will be small businesses. As part of doing its business, the FCC must identify the burden of new rules on small business. As it turns out, 20,640 companies will be affected, ranging from “Broadband Internet Access Service Providers supplied over client supplied connections” (1,274), to “Wireless Telecommunications Carriers” (1,383), to “Satellite Telecommunications Providers” (570), “Cable and Other Program Distributors” (2,048), and so forth.
Of these, 18,532 are considered small businesses. It is true that much of the business activity will take place in the fewer, large companies. But complying with these regulations won’t be a one-time cost since courts are likely to change the meaning of the law. Even still, the relatively fixed cost of regulation will be disproportionately burdensome on the smaller firms.
You can read the full report at the American Action Forum.