Regulations are essential tools for ensuring that markets meet the needs of all stakeholders, not just investors. Regulations are needed to create the conditions under which society as a whole can prosper, so that healthy consumer demand can exist to support a growing economy. Good regulations tend to stimulate innovation and entrepreneurship in addition to limiting or preventing destructive forms of economic activity.
All of us rely on open, unencumbered connectivity as a key engine of our business productivity, innovation and growth. We are sure Congress agrees that we should not disrupt and damage the backbone of America’s economy in this way.