Last week the U.S. Federal Trade Commission (FTC) issued a report (pdf) urging caution on the issue of net neutrality and asserting what we here at the Hands Off blog have been saying all along: net neutrality is a non-issue, competition in the broadband market is increasing, and the completely hypothetical concerns raised by neutrality supporters could be more than adequately addressed by existing laws.

On the prospect of net neutrality legislation, FTC Chairwoman Deborah Majoras noted in her statement that without evidence of “market failure or demonstrated consumer harm, policy makers should be particularly hesitant to enact new regulation in this area.” We don’t think we could have said it any better ourselves.