Telecom Industry Challenges New Consumer Protection Regulation in Court
Regulatory Overreach The telecom industry has long argued that the new regulation constitutes an overreach of regulatory authority, citing specific examples of how it may stifle innovation and increase costs. One such example is the requirement for providers to implement robust security measures to protect customer data. While this may seem like a reasonable request, the industry argues that it will impose significant burdens on small and medium-sized businesses. Industry experts claim that the regulation will lead to increased costs, which will ultimately be passed down to consumers in the form of higher prices or reduced services....