[December 1, 2003]

"No regulator, either federal or state, should tread into this area without an absolutely compelling justification for doing so. Innovation and capital investment depend on this premise. The entrepreneurs seated before us depend upon this premise. In my view, we should come to this forum with a sense of regulatory humility - mindful that it is entrepreneurs, not governments, who came up with the idea of making high-quality, inexpensive phone calls over the Internet."

—Michael Powell, FCC Chairman
in a speech [.doc]
at the FCC Forum on Voice over Internet Protocol (VoIP)