In a statement, FTC Chairman Deborah Platt Majoras said:
This report recommends that policy makers proceed with caution in the evolving, dynamic industry of broadband Internet access, which generally is moving toward more â€“ not less â€“ competition. In the absence of significant market failure or demonstrated consumer harm, policy makers should be particularly hesitant to enact new regulation in this area.
Despite the official auspices of the report and statement, this marks only a recommendation to legislators, not law or official policy. The FTC also notes that the FCC and the Department of Justice could also claim jurisdiction over the issue. Because, you know, there just isn’t enough red tape out there already.