Overnight News Digest

In a speech previously the House Subcommittee on Intellectual Property, Competition, and the Internet, Genachowski dismissed suggestions that antitrust laws were the proper way to maintain net neutrality, versus FCC regulations.

"To my way of thinking, during critically important, antitrust laws alone would not adequately preserve the freedom and openness of the Internet or provide enough certainty and confidence to drive investment in our research future," he said. "As we heard while our FCC proceeding, antitrust enforcement is expensive to pursue, takes a long time, and kicks in only afterwards damage is done."

The FCC's current net neutrality regulations

Overturning the FCC's current net neutrality regulations would be harmful by increasing uncertainty for stakeholders in the telecommunications industry, Genachowski said.

When a person's ego is threatened-by doing poorly on a task, by being told they're not as good as they hoped-people at times repair their self-worth by purchasing luxury goods. Because in fact parting with cash can be psychologically painful, researchers Niro Sivanathan of the London Business School and Nathan Pettit of Cornell University studied whether people might be more likely to use a credit card when feeling badly about one's self.