The 40-year-old law, Staggers Rail Act, deregulating the railroads has been a resounding success, writes RealClearMarkets. The same approach will work for broadband deployment.
“For sectors like railroads, pipelines or even broadband that pay for their own infrastructure, possessing the freedom and flexibility on these type of decisions are essential to operations, resiliency and survival. Investors put their financial capital in companies and industries where there is a sound possibility of returns. When government limits activity and returns via intrusive regulation, an industry begins to crumble.”
