The lawmakers signing the letter are Rep. Anna Eshoo (D-Calif.), Energy and Commerce Ranking Member Henry Waxman (D-Calif.), and Reps. Ed MarkeyEd MarkeyBuying that new-used car: Congress must put safety first Overnight Finance: Scoop – Trump team eyes dramatic spending cuts | Treasury pick survives stormy hearing Senate Dems want Trump to withdraw from Pacific trade deal MORE (D-Mass.), Doris Matsui (D-Calif.) and Mike Doyle (D-Pa.).
Eshoo and her colleagues note that the market has long been dominated by three incumbent telephone carriers, giving them the ability to “raise prices and impose anticompetitive terms and conditions,” and complain that a 1999 commission order has preserved the situation.
But they also acknowledge the FCC is set to gather new data on special access rates, and note action to reduce them could be beneficial. Eshoo and her colleagues encourage Genachowski to “analyze this data expeditiously and act decisively to reduce rates and reform anticompetitive contracts.”
“Reducing prices to a just and reasonable level will generate billions of dollars in cost savings for companies across the country, increasing innovation and investment, enhancing rural broadband deployment, and improving wireless coverage,” they said.