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US: FCC Chairman announces a new Office of Economics and Data

By  |  April 6, 2017

Federal Communications Commission (FCC) Chairman Ajit Pai announced that the agency will establish an Office of Economics and Data to eliminate harmful regulations, and push more economically-sound regulations.

Chairman Pai announced that the FCC will create the new office to better integrate economics into policy decision making. Pai stated, “I’m pleased to announce that I am beginning a process to establish an Office of Economics and Data. This office will combine economists and other data professionals from around the commission. It will be tasked with providing economic analysis for rulemakings, transactions, and auctions; managing the commission’s data resources; and conducting longer-term research on ways to improve the commission’s policies.”

Pai believes that the FCC’s new economics office would create long-term strategic thinking. He said, “I want to create a culture of economics at the FCC that supports big-picture thinking once again.”

Full Content: Wall Street Journal

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