Mark Cuban at His Best: "Net Neutrality Will Fuck Everything Up"
Economic Policy Journal
At the Code/Media conference at The Ritz-Carlton in Laguna Niguel, California, billionaire and Dallas Mavericks owner Mark Cuban said that the Federal Communications Commission’s plan to fundamentally change how it oversees the open Internet will "will fuck everything up."
According to ReCode, Cuban said the FCC bid to significantly expand the agency’s authority to regulate broadband providers is nothing more than an attack on giant media companies like Comcast.
“Net neutrality is just a demonization of big companies,” Cuban said.
Cuban said there is no evidence (beyond an isolated 2008 case) that Internet providers have throttled access to certain websites.
The executive dismissed Netflix’s claims that subscribers endured slower speeds until the company paid Comcast for direct access to the Internet provider’s broadband network. Comcast claimed that Netflix had used an inferior middleman to deliver video to Comcast’s network.
“It’s a battle between two fairly large companies,” Cuban said. “[They] worked it out, just like happens in business every day.”
Cuban said he does not want a group of political appointees at the FCC regulating the Internet.
“Having them overseeing the Internet scares the shit out of me,” Cuban said.
My take on the absurdity of net neutrality laws is here.