Report Warns Net Neutrality Regulations Could Be Costly
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As Federal Communications Commission (FCC) chairman Julius Genachowski prepares to outline the agency's plan for greater authority over broadband service providers, a report from The Advanced Communications Law & Policy Institute at New York Law School and technology research firm Entropy Economics warned new regulations for providers of broadband Internet service could result in the loss of hundreds of thousands of jobs and could also reduce U.S. Gross Domestic Product (GDP) by tens of billions of dollars per year.