Andrea Renda authors study on European mismanagement of broadband

andrea-renda-400new Macdonald-Laurier Institute study authored by Senior Fellow Andrea Renda offers an in-depth look at European governments’ misguided attempts to artificially create competition in the broadband marketplace.  The study finds that government intervention has led to less broadband investment and poorer penetration with limited upside. In exchange for slightly lower prices now, Europeans will be paying in future years with sub-par broadband infrastructure that can come to hinder innovation, digital adoption, and entrepreneurship. Renda says:

“Nobody washes a rental car and so, if the state is going to mandate network access, the incentives for companies to invest in their own networks or to upgrade networks are diminished. Incentives matter.”