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The dual goals of any securities regulatory regime are to 1) protect investors (especially unsophisticated, mom-and-pop investors) and 2) avoid deterring innovation.
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More regulation, in finance and beyond, could deter innovation.
That, argues Dr Loew, would deter innovation and lead to drug companies looking for new treatments using rivals' data rather than their own research.
The commission tellingly observes that the incorporation of WMP in Windows "sends signals which deter innovation" in any technologies which Microsoft could conceivably tie with Windows in the future.Accordingly, a number of remedies are proposed.
This bill is intended, in its own words, "to encourage responsible innovation in medical treatment (and accordingly to deter innovation which is not responsible)." According to the bill's promoters, the thing that is currently stifling innovation is that doctors are reluctant to deviate from standard treatment for fear of litigation.
In Senate testimony in July, Edith Ramirez, an F.T.C. commissioner, speaking of the potential abuse of standard-essential patents, said, "Holdup and the threat of holdup can deter innovation by increasing costs and uncertainty for other industry participants, including other patent holders".
It's depressed investment in building and expanding broadband networks and deterred innovation.
Pai writes that the 2015 rules have "depressed investment in building and expanding broadband networks and deterred innovation".
"Saddling the spectrum with open access would reduce interest in the spectrum" and would deter innovation, Verizon Wireless Chief Technology Officer Dick Lynch told the Senate Commerce Committee last week.
Pai has argued that the regulations imposed by the Obama administration "depressed investment in building and expanding broadband networks and deterred innovation".
The worry was the poor might get stuck with a diluted version of the Internet, and preferential promotion for Facebook and its partners apps could deter innovation from competitors.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com