>> first of all, i would not use the word reregulate. there was a status quo of the past where was regulated as monopoly firms -- phone service. it never has been. we have always treated information services and interactive computer services differently from monopoly voice services of the old ma bell monopoly. so that was a big distinction. broadband has really flourished in the absence of such regulation. let's go back and look if there is any evidence of systemic market failures, and the government has examined this question many times over the past several years. the federal trade commission looked at it in 2007 and issued a unanimous, bipartisan vote that said there is no evidence of market failure and cautioned against rule such as those being proposed today by the chairman of the majority. the fcc cast its nets widely to try to find some evidence of market failure and could not find any. the obama department of justice, their antitrust division said this is not a national monopoly. the department of justice was very optimistic abou