OTI Hails Biden Competition Order
Today, President Biden issued an on promoting competition in the U.S. economy. The order notes that a lack of competition in many markets harms consumers and increases prices. OTI鈥檚 Cost of Connectivity research has long documented this dynamic in the broadband market, which is marked by unaffordable rates, opaque pricing, and limited consumer choice.
The following statement can be attributed to Joshua Stager, deputy director for broadband and competition policy at 国产视频鈥檚 Open Technology Institute:
鈥淧resident Biden鈥檚 executive order is a big step forward for competition and consumer protection. The order is especially needed in the broadband market, which is dominated by an oligopoly of four companies鈥擜T&T, Comcast, Verizon, and Charter鈥攖hat have harmed consumers for years.
鈥淭he order includes many actions that OTI has long called for, including the , making internet pricing more transparent with a broadband nutrition label, and ending ISP collusion with apartment landlords. We also the FTC and DOJ to strengthen their vertical merger guidelines after last year鈥檚 effort missed the mark.
鈥淲e鈥檙e happy to see progress on all these fronts and look forward to working with the Biden administration and relevant agencies to make today鈥檚 order a positive force for change. Many of these actions would benefit from a fifth commissioner at the Federal Communications Commission and an Assistant Attorney General for DOJ's Antitrust Division, so we urge President Biden to nominate people to these positions quickly.鈥