A PYMNTS Company

US: FCC’s Wheeler acknowledges broadband competition shortcomings

 |  September 4, 2014

The head of the US Federal Communications Commission spoke this week to address concerns of the nation’s broadband industry.”Users cannot respond easily by switching providers,” the regulator said. “As a result, even though there may be competition, the marketplace may not be offering consumers competition opportunities to change providers, especially once they’ve signed up with a provider in the first place.”

The four-point plan will aim to boost competition with its “concise, overriding principles” for the market, Wheeler said; that agenda includes protecting competition, encouraging competition, creating competition where it does not exist, and promoting the deployment of broadband where competition cannot exist.

Full content: Multichannel

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.