Pai Pans Kingsbury Commitment

摘要

“The Kingsbury Commitment is not a model to be emulated,” FCC Commissioner Ajit Pai told arnTechFreedom audience Thursday. The event focused on what a new Kingsbury commitment should lookrnlike, but Pai rejected the premise. The 1913 commitment — in which AT&T agreed to divest its WesternrnUnion stock, stop buying up independent competitors, and allow interconnection on its long-distance networkrn— is best seen as “a cautionary tale about the dangers of regulatory capture and the folly of attemptingrnto manage competition,” Pai said (http://bit.ly/1jmSZFw).