The self-regulatory two-step

Self-regulation is a great move to forestall legislation. “Here,” you can say, “we’ve solved your problem. We don’t have all the details yet, but we’re making progress. Don’t try to write rules for this markeplace – you’ll just make mistakes and embarrass yourself. Let us help consumers by doing it ourselves.” The second step of this particular dance is enforcement – in the form of results that real people can understand. We don’t have all the details of the first Verizon self-regulatory step yet. A lot will depend on how…