FCC Chairman: a Former Cable Lobbyist Who Helped Kill the Comcast Merger
An anonymous reader writes: After Friday's news that the Comcast/TWC merger is dead, the Washington Post points out an interesting fact: FCC Chairman Tom Wheeler, who was instrumental in throwing up roadblocks for the deal, used to be a lobbyist for the cable and wireless industry. "Those who predicted Wheeler would favor industry interests 'misunderstood him from the beginning — the notion that because he had represented various industries, he was suddenly in their pocket never made any sense,' said one industry lawyer, who spoke on the condition of anonymity because he represents clients before the FCC." The "revolving door" between government and industry is often blamed for many of the problems regulating corporations. We were worried about it ourselves when Wheeler was nominated for his current job. I guess this goes to show that it depends more on the person than on their previous job.
This was going to be my point as well, it's a double edged sword. Do you really want people in charge of industries that haven't had significant experience in that industry? Would the board pick someone who never worked as a tech executive to run Apple?
That being said in most cases whatever industry's interests seem to always be favored over the public's, so you have to wonder about loyalties. And count me as one that completed doubted Wheeler. I am happy my cynicism was proved to be wrong (for once).
Be kind, for everyone you meet is fighting a difficult battle. - Plato
I don't think he really had much choice but to support killing the merger - too many of the right people was against it. However keep watch and see what he gives them in return over the next couple of years.
https://corp.sonic.net/ceo/201...
The FCC Chairman was Michael Powell