Tuesday, November 16, 2010

EU Rejects Net Neutrality

The European Union has concluded that "network neutrality" is unnecessary at best, harmful at worst.

The EU now says it sees no problem, and will take a “wait-and-see” approach. In part, that is because the EU does not see evidence that there is market failure. More significantly, the EU seems to agree with many observers that such rules pose a danger to robust, continued investment.

“We have to avoid regulation which might deter investment and an efficient use of the available resources,” EU Telecommunications Commissioner Neelie Kroes says.

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