https://www.techdirt.com/articles/20181101/08140440958/verizon-just-obliterated-ajit-pais-justification-killing-net-neutrality.shtml

If you'll recall, FCC boss Ajit Pai has spent the better part of the last few years insisting that giving the telecom industry whatever it wants will somehow magically boost sector investment, jobs, and competition. Of course if you've paid attention to history you'll probably notice that in telecom, it never actually works that way. Former FCC boss Mike Powell (now the top lobbyist for the cable industry) engaged in much of the same behavior in the early aughts, promising that if you obliterate consumer protections and regulatory oversight of ISPs, telecom Uptopia magically springs forth from the sidewalk. Instead, we got Comcast.

It's a cycle of dysfunction Americans just can't seem to learn anything from.