“The ITC, which is obscure even by the standards of federal agencies, has the nominal job of promoting U.S. trade interests, in part by preventing knock-off goods from landing on American shores. But in recent years, this mission has led the ITC to wade into complicated patent law issues with controversial results. In 2013, for instance, the ITC earned a brief moment of notoriety when it issued an import ban on Apple’s iPhone, which resulted in a presidential veto and a scathing Wall Street Journal editorial that blasted the decision as an “absurdity” by busy-body bureaucrats.”
One of these days – Yawn – some agency, somewhere, will realize that the horse and buggy has been replaced by automobiles and airplanes. With that may come sensible ways of regulating telecommunications and international commerce.
Don’t hold your breath, though.
Thanks to Fortune Magazine