Senator Doesn't Buy FCC Justification For Killing Net Neutrality

From a report: Senator Edward Markey this week questioned FCC boss Ajit Pai's justifications for killing popular net neutrality rules in a hearing in Washington. We've noted repeatedly that while large ISPs claim net neutrality killed broadband investment, objective analysis repeatedly finds that to be a lie. That's not just based on publicly-available SEC filings and earnings reports, but the industry's own repeated comments to investors and analysts. But that doesn't stop AT&T, Verizon, Comcast and Charter (and the ocean of politicians, think tankers, consultants and other PR vessels they employ to make this misleading argument in the media on a daily basis) from making the claim anyway. And while Pai once again this week breathlessly proclaimed that net neutrality put a damper on network investment, Markey simply wasn't having it. "Publicly traded companies are required by law to provide investors accurate financial information, including reporting any risks or financial burdens," Markey said. "However, I have found no publicly traded ISP that has reported to its investors by law that Title II has negatively impacted investment in their networks. Many, in fact, have increased deployment and investment."