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Antiquated telecommunication regulations are holding New Mexico back. According to the 2013 Mercatus Center report “Freedom in the 50 States,” New Mexico suffers under some of the heaviest regulatory burdens of any state.
The Rio Grande Foundation has spent a great deal of time researching and exposing many of these burdensome regulations, which can undoubtedly improve the economic climate in New Mexico at no cost to the taxpayer.
New Mexico’s broadband regulations are a classic case of overregulation that should be addressed for the good of our rural economy.
Greater competition inevitably leads to lower prices and greater choice for consumers. Antiquated landline phone service providers remain regulated by a 1985 law that dates before implementation of the Internet and smart-phone technology.
This outdated regulatory scheme has hindered investment in rural broadband resources throughout our state.
Having high-speed Internet access throughout the isolated communities of New Mexico will remain integral, if not a necessity, to spurring the rural economic growth everyone desires, while simultaneously increasing statewide effective educational opportunities.
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