FCC chairman to establish economic analytics unit.

Ajit Pai announced this week the formation of the Office of Economics and Data to analyze the economic impact of rulemakings, transactions, and auctions, as well as to conduct long-term research. In a speech at the Hudson Institute, the chairman said, “I see the Office of Economics and Data playing. . .roles that traditionally have been assumed by economists and other experts scattered across the agency.” Commissioner Michael O’Rielly called the initiative “laudable.”