But at least now we'll get to witness the power of federalism with regulatory comparisons between states.
Reasons:
- general opposition to regulation, because compliance costs burden smaller firms more, raising the barrier to entry
- does not address the root problem, lack of competition
- reduces choices for consumers
Lack of competition is caused by onerous local regulations which incumbents use to raise the barrier to entry. See: Google Fiber
Because NN does not address the root cause, and in fact the support for NN has not resulted in any significant support for addressing the root cause, it can only serve to further enforce the status quo or makes things worse.
Some examples of failed predictions / misleading statements made by NN supporters:
- Most Americans have less than 3 ISPs. This may be true depending on how you restrict which ISPs you're referring to. Mobile carriers cover almost the whole US, so there's 3 or 4 right there.
- ISPs will produce different packages for internet access. This hasn't happened.
- Speeds will reduce. This hasn't happened.