Gerald Faulhaber on the economics of net neutrality

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August 30, 2011

Gerald Faulhaber, Professor Emeritus at the Wharton School at the University of Pennsylvania and Penn Law School, discusses his new paper in Communications & Convergence Review entitled Economics of Net Neutrality: A Review. Faulhaber delves into the network neutrality debate noting that consumers do not want complete neutrality since they approve of ISPs blocking content such as child pornography or malware. He explains that there is little evidence that violations of net neutrality have actually occurred, so that consumers today are getting as much neutrality as they want. Faulhaber submits that implementing prophylactic regulations will only stifle innovation and encourage rent seeking.

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