From the article on USA Today, net neutrality is defined as “the principle that Internet service providers (ISPs) should give consumers access to all legal content and applications on an equal basis, without favoring some sources or blocking others. It prohibits ISPs from charging content providers for speedier delivery of their content on ‘fast lanes’ and deliberately slowing the content from content providers that may compete with ISPs”. It seems like a simple enough concept, and a pretty straightforward issue. However, politics has a way of complicating everything, so it is no surprise that once President Obama got involved, people’s opinions on net neutrality were sharply divided along party lines.
The arguments for the net neutrality are simple. If Internet service providers are able to discriminate between sites in terms of the speeds they allow users to access them, and divide the internet into slow and fast lanes, there will be a clear divide between companies that are able to get into the fast lanes and those that cannot. If the ISPs are allowed to construct slow and fast lanes, the bigger more established companies will be able to afford the fast lanes while the newer emerging startups will not. This will kill competition. For example, say a new startup creates a brilliant new search engine that will rival Google. If they are not able to afford “fast lane” service, they will be given slower service. This will definitely be a huge mark against them in the consumers mind. It doesn’t matter how much better their search algorithm is if it takes twice as long to access their website compared to Google. In this way, Google’s deep pockets will be able to kill off any competition it might have in the search engine market, by driving up the fixed cost of that industry. Eventually people will stop trying to compete with Google, thus stifling innovation and creating an untouchable monopoly.
The arguments against net neutrality (in my opinion) are not as straightforward. The companies that stand to gain from no neutrality regulations (ISPs), and political opponents (the Republicans) believe that neutrality regulation will actually stifle competition and innovation. They believe that this regulation would increase governmental bureaucracy, decrease ISPs incentive to invest in projects that provide faster internet service and service in areas with poor or no coverage, and would prevent them from recovering the costs of providing service to high needs customers such as Netflix. According to Broadband for America, an industry trade group, this regulation would “threaten millions of jobs and a diverse array of stakeholders” (http://www.inc.com/associated-press/obama-inflames-debate-on-net-neutrality.html)
I am firmly on the side of network neutrality. We need to protect the interests of the emerging companies and by extension innovation at all costs to prevent monopolies. History and economics have shown time and time again how bad monopolies are for the economy. At a time when we are looking at the worst cases of corporate welfare and crony capitalism that our country has ever seen, this regulation would go a long way to prevent these harmful phenomena from happening in the tech sector. I disagree with all of the arguments against this regulation. First and foremost, it is imperative to point out that the internet is clearly a utility, that can and should be regulated by the government. The internet is a utility in the same way that telephone networks, gas, water and electricity are utilities. We use the internet as much as the other utilities, and in today’s world, access to the internet is of a comparable importance as that of the other utilities. Secondly, I disagree with the argument that this regulation would prevent innovation on the network speed front. There is still competition between service providers. If Comcast provides slower internet than Time Warner, I will switch providers. The regulation does not mandate that all providers have the same speed, just that each individual provider cannot distinguish between companies. Thirdly, I disagree with the argument that this regulation would prevent the ISPs from expanding into areas with little or no coverage. This argument to me makes no sense. This regulation does not seem to affect ISPs incentive to expand at all. Again, this comes down to competition. ISPs are competing with each other to provide coverage to different people. If Comcast does not want to foray into a particular area and Time Warner does, then Time Warner gains those customers. If anything, this regulation does a huge service to those areas (presumably poorer areas), because they ensure that those people can have access to the entire internet at the same speeds as the rest of the country.
Overall, I feel this is an essential regulation that needs to be passed to ensure a healthy economy. The tech sector, especially the startup culture in this country is a huge revenue producer. The fact that Silicon Valley exists in the United States has ensured that most of the exciting new innovations in tech have occurred here and have allowed Americans to reap the benefits of those innovations. We should not let corporate greed and an irrational fear of the government from protecting the most important public utility of the 21st century.