Felix Salmon concludes his post on the Comcast acquisition and broadband competition with this paragraph. So don’t count on competition to bring down prices in the broadband space. This is an area where the regulators — and only the regulators — can really be effective. Ah, the enduring faith in the ability of government to lead us […]
Posts Tagged ‘regulation’
FCC’s Net Neutrality Rules
Hopefully this won’t stand: U.S. communications regulators adopted Internet traffic rules Tuesday that prevent providers from blocking lawful content but still let them ration access to their networks. The rules aim to strike a balance between the interests of Internet service providers, content companies and consumers, but some industry analysts think a court challenge is […]
Putting The L Back In P&L
I’ve been AWOL from blogging not by choice but due to an injured right wrist. Hopefully it makes it through this post and a few others today but if this ends somewhat abruptly you can assume that I’m not as healed as I think. One of the advantages of being unable to operate a keyboard […]
Some Random Thoughts On A Slow Day
Aside from President Obama getting rained out in Chicago and some video feed that purports to be a saw cutting through the riser on the remains of the Deepwater Horizon’s drilling apparatus, there isn’t a whole lot going on in and around this country. Just the way a holiday should be. That gives me the […]
Who Should Be The Regulatory Top Cop?
Felix Salmon has a particularly good post up this morning about bank regulation. He points to an article in the Guardian discussing the remarks of Adair Turner, the head of Britain’s financial watchdog agency, in which he essentially said that the financial services industry is too big and most of what it does is socially […]
How Obama’s New Financial Rules Might Bite GE
If you own GE stock, you might want to think over the implications of this little tidbit from the WSJ. The new Obama regulations give the Fed regulatory authority over systemically important financial institutions. Given the size and reach of GE Capital it’s pretty much a foregone conclusion that GE would be viewed in the […]
Open Season On The Fed
Kind of listening to all of the blather about the new regulatory proposals with one ear this morning. As I keep saying, don’t get too worked up, this thing is going to end up on a back burner for some time. The most telling comments that I heard this morning came from Barney Frank and […]