I wrote a blog in the spring about the net neutrality debate, saying companies should be allowed to capture the value they deliver. Recently President Obama stated emphatically that he favors regulations that would preserve net neutrality, Obama pressures FCC for strong net neutrality rules; and of course the debates are back on the front pages of the newspapers again. From my perspective, the debate is mischaracterized. It is not a question of whether ISPs will be allowed to discriminate against certain users, but rather a question of whether they will be required to subsidize the huge users of bandwidth, or be allowed to set prices that reflect the value provided.
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