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Video: Another Reason Why Govt Shouldn’t Pick Winners & Losers

October 17th, 2011 by mopns · No Comments

Hat tip:

The House Committee on Small Business chaired by Rep. Sam Graves held a hearing titled LightSquared: The Impact to Small Business GPS Users. The purpose of the hearing was to examine the impact on small businesses that may result from LightSquared’s use of its spectrum to provide broadband service near the Global Positioning System (GPS). Small businesses, including farmers, construction contractors, surveyors, and the general aviation industry, rely on the accuracy of GPS. Potential interference with GPS raises significant concerns to these small businesses.

The company found itself in a political controversy last month when sources said an Air Force general was pressured to change prepared testimony to favor LightSquared, which is backed by Democratic donor Philip Falcone. The general did not end up changing the testimony and went on to tell a House panel that LightSquared signals would interfere with GPS receivers based on testing.

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