Picture a world without the FCC. The Internet would flourish, the Skypes and YouTubes of tomorrow would evolve full-strength and most of all, companies with deep pockets no longer would be able to buy off regulators.
That’s the contention of Stanford law professor Lawrence Lessig in a Newsweek op-ed this week.
“You can’t fix DNA,” Lessig writes. “You have to bury it. President Obama should get Congress to shut down the FCC and similar vestigial regulators, which put stability and special interests above the public good.”
Obama should shut down the FCC and replace it with an iEPA – Innovation Environmental Protection Agency, Lessig said.